Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 14-January-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1791.57p    
INCLUDING current year revenue                              1797.99p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1742.52p    
INCLUDING current year revenue                              1748.94p    
The NAV includes a provision for any performance fee applicable.        
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