Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 07-March-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1551.69p    
INCLUDING current year revenue                              1574.34p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1498.74p    
INCLUDING current year revenue                              1521.39p    
The NAV includes a provision for any performance fee applicable.        
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