Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 25-April-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1793.12p    
INCLUDING current year revenue                              1829.40p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1742.49p    
INCLUDING current year revenue                              1778.77p    
The NAV includes a provision for any performance fee applicable.        
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