Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 29-January-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1752.11p    
INCLUDING current year revenue                              1762.57p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1702.74p    
INCLUDING current year revenue                              1713.20p    
The NAV includes a provision for any performance fee applicable.        
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