Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 07-May-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1807.65p    
INCLUDING current year revenue                              1846.14p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1757.69p    
INCLUDING current year revenue                              1796.18p    
The NAV includes a provision for any performance fee applicable.        
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