Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 23-October-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1718.50p    
INCLUDING current year revenue                              1758.74p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1669.25p    
INCLUDING current year revenue                              1709.50p    
The NAV includes a provision for any performance fee applicable.        
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