Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 04-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1736.43p    
INCLUDING current year revenue                              1746.78p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1686.28p    
INCLUDING current year revenue                              1696.63p    
The NAV includes a provision for any performance fee applicable.        
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