Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 13-June-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1823.34p    
INCLUDING current year revenue                              1846.49p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1774.55p    
INCLUDING current year revenue                              1797.70p    
The NAV includes a provision for any performance fee applicable.        
---