Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 15-April-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1590.23p    
INCLUDING current year revenue                              1621.88p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1533.23p    
INCLUDING current year revenue                              1564.88p    
The NAV includes a provision for any performance fee applicable.        
---