Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 08-January-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1397.80p    
INCLUDING current year revenue                              1404.92p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1344.08p    
INCLUDING current year revenue                              1351.21p    
The NAV includes a provision for any performance fee applicable.        
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