Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 23-September-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1684.79p    
INCLUDING current year revenue                              1723.45p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1632.60p    
INCLUDING current year revenue                              1671.26p    
The NAV includes a provision for any performance fee applicable.        
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