Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 24-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1837.64p    
INCLUDING current year revenue                              1852.38p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1788.73p    
INCLUDING current year revenue                              1803.47p    
The NAV includes a provision for any performance fee applicable.        
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