Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 27-March-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1576.76p    
INCLUDING current year revenue                              1603.40p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1520.19p    
INCLUDING current year revenue                              1546.83p    
The NAV includes a provision for any performance fee applicable.        
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