Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 11-March-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1566.42p    
INCLUDING current year revenue                              1588.99p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1513.07p    
INCLUDING current year revenue                              1535.63p    
The NAV includes a provision for any performance fee applicable.        
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