Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 02-May-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1806.52p    
INCLUDING current year revenue                              1843.91p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1755.96p    
INCLUDING current year revenue                              1793.35p    
The NAV includes a provision for any performance fee applicable.        
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