Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 07-January-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1785.43p    
INCLUDING current year revenue                              1791.33p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1737.95p    
INCLUDING current year revenue                              1743.85p    
The NAV includes a provision for any performance fee applicable.        
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