Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 28-March-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1801.88p    
INCLUDING current year revenue                              1831.08p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1752.44p    
INCLUDING current year revenue                              1781.64p    
The NAV includes a provision for any performance fee applicable.        
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