Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 03-December-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1722.09p    
INCLUDING current year revenue                              1725.25p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1672.85p    
INCLUDING current year revenue                              1676.01p    
The NAV includes a provision for any performance fee applicable.        
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