Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 22-April-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1800.93p    
INCLUDING current year revenue                              1834.10p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1751.40p    
INCLUDING current year revenue                              1784.57p    
The NAV includes a provision for any performance fee applicable.        
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