Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 21-March-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1805.00p    
INCLUDING current year revenue                              1833.72p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1755.93p    
INCLUDING current year revenue                              1784.65p    
The NAV includes a provision for any performance fee applicable.        
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