Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 11-February-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1791.81p    
INCLUDING current year revenue                              1802.06p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1742.01p    
INCLUDING current year revenue                              1752.27p    
The NAV includes a provision for any performance fee applicable.        
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