Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 22-October-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1718.58p    
INCLUDING current year revenue                              1757.50p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1669.34p    
INCLUDING current year revenue                              1708.26p    
The NAV includes a provision for any performance fee applicable.        
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