Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 13-August-2014       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1766.20p    
INCLUDING current year revenue                              1802.83p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1721.88p    
INCLUDING current year revenue                              1758.51p    
The NAV includes a provision for any performance fee applicable.        
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