Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 28-November-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1745.41p    
INCLUDING current year revenue                              1748.68p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1696.16p    
INCLUDING current year revenue                              1699.44p    
The NAV includes a provision for any performance fee applicable.        
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