Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 04-December-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1722.06p    
INCLUDING current year revenue                              1725.86p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1672.82p    
INCLUDING current year revenue                              1676.62p    
The NAV includes a provision for any performance fee applicable.        
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