Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 28-April-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1801.29p    
INCLUDING current year revenue                              1837.48p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1751.29p    
INCLUDING current year revenue                              1787.48p    
The NAV includes a provision for any performance fee applicable.        
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