Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 03-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1746.14p    
INCLUDING current year revenue                              1756.49p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1696.07p    
INCLUDING current year revenue                              1706.42p    
The NAV includes a provision for any performance fee applicable.        
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