Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 14-May-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1823.51p    
INCLUDING current year revenue                              1862.60p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1772.35p    
INCLUDING current year revenue                              1811.44p    
The NAV includes a provision for any performance fee applicable.        
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