Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 31-July-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1704.65p    
INCLUDING current year revenue                              1733.96p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1652.43p    
INCLUDING current year revenue                              1681.74p    
The NAV includes a provision for any performance fee applicable.        
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