Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 07-January-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1398.92p    
INCLUDING current year revenue                              1406.07p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1345.89p    
INCLUDING current year revenue                              1353.03p    
The NAV includes a provision for any performance fee applicable.        
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