Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 28-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1844.02p    
INCLUDING current year revenue                              1863.98p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1794.15p    
INCLUDING current year revenue                              1814.11p    
The NAV includes a provision for any performance fee applicable.        
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