Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 05-September-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1834.80p    
INCLUDING current year revenue                              1873.90p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1789.72p    
INCLUDING current year revenue                              1828.82p    
The NAV includes a provision for any performance fee applicable.        
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