Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 12-March-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1572.17p    
INCLUDING current year revenue                              1594.71p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1518.42p    
INCLUDING current year revenue                              1540.95p    
The NAV includes a provision for any performance fee applicable.        
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