Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 14-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1798.02p    
INCLUDING current year revenue                              1808.18p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1749.34p    
INCLUDING current year revenue                              1759.50p    
The NAV includes a provision for any performance fee applicable.        
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