Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 27-March-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1800.90p    
INCLUDING current year revenue                              1830.13p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1750.95p    
INCLUDING current year revenue                              1780.18p    
The NAV includes a provision for any performance fee applicable.        
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