Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 27-November-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1738.53p    
INCLUDING current year revenue                              1741.84p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1689.29p    
INCLUDING current year revenue                              1692.59p    
The NAV includes a provision for any performance fee applicable.        
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