Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 12-September-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1692.27p    
INCLUDING current year revenue                              1730.45p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1640.08p    
INCLUDING current year revenue                              1678.26p    
The NAV includes a provision for any performance fee applicable.        
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