Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 13-January-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1787.24p    
INCLUDING current year revenue                              1793.69p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1738.32p    
INCLUDING current year revenue                              1744.77p    
The NAV includes a provision for any performance fee applicable.        
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