Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 23-April-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1794.95p    
INCLUDING current year revenue                              1831.28p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1744.82p    
INCLUDING current year revenue                              1781.15p    
The NAV includes a provision for any performance fee applicable.        
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