Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 05-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1742.73p    
INCLUDING current year revenue                              1753.05p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1692.11p    
INCLUDING current year revenue                              1702.44p    
The NAV includes a provision for any performance fee applicable.        
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