Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 09-January-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1775.57p    
INCLUDING current year revenue                              1782.12p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1728.55p    
INCLUDING current year revenue                              1735.09p    
The NAV includes a provision for any performance fee applicable.        
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