Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 09-September-2014        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1828.45p    
INCLUDING current year revenue                              1868.24p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1783.16p    
INCLUDING current year revenue                              1822.95p    
The NAV includes a provision for any performance fee applicable.        
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