Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 16-June-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1814.16p    
INCLUDING current year revenue                              1837.23p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1765.52p    
INCLUDING current year revenue                              1788.60p    
The NAV includes a provision for any performance fee applicable.        
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