Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 19-November-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1733.39p    
INCLUDING current year revenue                              1774.74p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1684.14p    
INCLUDING current year revenue                              1725.49p    
The NAV includes a provision for any performance fee applicable.        
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