Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 03-January-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1786.18p    
INCLUDING current year revenue                              1792.20p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1739.89p    
INCLUDING current year revenue                              1745.90p    
The NAV includes a provision for any performance fee applicable.        
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