Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 14-March-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1806.10p    
INCLUDING current year revenue                              1831.46p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1756.02p    
INCLUDING current year revenue                              1781.39p    
The NAV includes a provision for any performance fee applicable.        
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