Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 18-June-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1811.21p    
INCLUDING current year revenue                              1834.24p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1762.52p    
INCLUDING current year revenue                              1785.54p    
The NAV includes a provision for any performance fee applicable.        
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