Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 29-August-2014       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1814.73p    
INCLUDING current year revenue                              1853.22p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1768.63p    
INCLUDING current year revenue                              1807.12p    
The NAV includes a provision for any performance fee applicable.        
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