Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 20-March-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1807.96p    
INCLUDING current year revenue                              1836.70p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1759.42p    
INCLUDING current year revenue                              1788.16p    
The NAV includes a provision for any performance fee applicable.        
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