Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 08-August-2014       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1736.73p    
INCLUDING current year revenue                              1770.72p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1692.75p    
INCLUDING current year revenue                              1726.74p    
The NAV includes a provision for any performance fee applicable.        
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