Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 09-July-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1698.43p    
INCLUDING current year revenue                              1724.53p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1645.90p    
INCLUDING current year revenue                              1672.01p    
The NAV includes a provision for any performance fee applicable.        
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