Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 13-March-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1810.80p    
INCLUDING current year revenue                              1836.18p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1760.96p    
INCLUDING current year revenue                              1786.34p    
The NAV includes a provision for any performance fee applicable.        
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