Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 08-September-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1829.50p    
INCLUDING current year revenue                              1869.31p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1784.32p    
INCLUDING current year revenue                              1824.13p    
The NAV includes a provision for any performance fee applicable.        
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