Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 30-December-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1779.36p    
INCLUDING current year revenue                              1784.96p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1727.74p    
INCLUDING current year revenue                              1733.33p    
The NAV includes a provision for any performance fee applicable.        
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