Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 16-September-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1702.93p    
INCLUDING current year revenue                              1740.99p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1650.73p    
INCLUDING current year revenue                              1688.79p    
The NAV includes a provision for any performance fee applicable.        
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