Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 03-September-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1839.94p    
INCLUDING current year revenue                              1879.09p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1794.89p    
INCLUDING current year revenue                              1834.04p    
The NAV includes a provision for any performance fee applicable.        
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