Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 30-July-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1697.89p    
INCLUDING current year revenue                              1725.64p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1645.67p    
INCLUDING current year revenue                              1673.42p    
The NAV includes a provision for any performance fee applicable.        
---