Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 13-October-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1740.05p    
INCLUDING current year revenue                              1781.40p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1691.50p    
INCLUDING current year revenue                              1732.85p    
The NAV includes a provision for any performance fee applicable.        
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