Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 03-July-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1621.94p    
INCLUDING current year revenue                              1648.88p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1569.42p    
INCLUDING current year revenue                              1596.35p    
The NAV includes a provision for any performance fee applicable.        
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