Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 09-December-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1732.39p    
INCLUDING current year revenue                              1736.02p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1683.15p    
INCLUDING current year revenue                              1686.79p    
The NAV includes a provision for any performance fee applicable.        
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