Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 11-December-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1727.77p    
INCLUDING current year revenue                              1731.59p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1678.54p    
INCLUDING current year revenue                              1682.35p    
The NAV includes a provision for any performance fee applicable.        
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