Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 13-November-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1730.37p    
INCLUDING current year revenue                              1771.88p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1681.13p    
INCLUDING current year revenue                              1722.63p    
The NAV includes a provision for any performance fee applicable.        
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