Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 12-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1792.74p    
INCLUDING current year revenue                              1802.96p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1744.03p    
INCLUDING current year revenue                              1754.25p    
The NAV includes a provision for any performance fee applicable.        
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