Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 08-January-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1775.15p    
INCLUDING current year revenue                              1781.72p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1728.10p    
INCLUDING current year revenue                              1734.67p    
The NAV includes a provision for any performance fee applicable.        
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