Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 18-December-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1727.85p    
INCLUDING current year revenue                              1732.23p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1679.13p    
INCLUDING current year revenue                              1683.52p    
The NAV includes a provision for any performance fee applicable.        
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