Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 01-August-2013       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1719.23p    
INCLUDING current year revenue                              1748.53p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1667.01p    
INCLUDING current year revenue                              1696.31p    
The NAV includes a provision for any performance fee applicable.        
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