Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 09-October-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1760.33p    
INCLUDING current year revenue                              1801.77p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1713.02p    
INCLUDING current year revenue                              1754.47p    
The NAV includes a provision for any performance fee applicable.        
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