Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 08-May-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1815.78p    
INCLUDING current year revenue                              1854.24p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1765.71p    
INCLUDING current year revenue                              1804.17p    
The NAV includes a provision for any performance fee applicable.        
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