Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 23-June-2014     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1817.85p    
INCLUDING current year revenue                              1840.75p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1769.28p    
INCLUDING current year revenue                              1792.19p    
The NAV includes a provision for any performance fee applicable.        
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