Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 01-May-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1804.99p    
INCLUDING current year revenue                              1842.40p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1754.57p    
INCLUDING current year revenue                              1791.98p    
The NAV includes a provision for any performance fee applicable.        
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