Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 17-June-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1809.87p    
INCLUDING current year revenue                              1832.91p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1761.63p    
INCLUDING current year revenue                              1784.67p    
The NAV includes a provision for any performance fee applicable.        
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