Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 04-March-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1854.81p    
INCLUDING current year revenue                              1874.80p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1804.83p    
INCLUDING current year revenue                              1824.81p    
The NAV includes a provision for any performance fee applicable.        
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