Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 27-June-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1810.65p    
INCLUDING current year revenue                              1834.37p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1766.27p    
INCLUDING current year revenue                              1789.99p    
The NAV includes a provision for any performance fee applicable.        
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