Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 04-July-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1666.43p    
INCLUDING current year revenue                              1693.34p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1613.91p    
INCLUDING current year revenue                              1640.82p    
The NAV includes a provision for any performance fee applicable.        
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