Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 14-November-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1732.49p    
INCLUDING current year revenue                              1773.98p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1683.25p    
INCLUDING current year revenue                              1724.73p    
The NAV includes a provision for any performance fee applicable.        
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