Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 19-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1818.86p    
INCLUDING current year revenue                              1833.72p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1769.26p    
INCLUDING current year revenue                              1784.12p    
The NAV includes a provision for any performance fee applicable.        
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