Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 10-February-2015     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1923.11p    
INCLUDING current year revenue                              1936.67p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1868.76p    
INCLUDING current year revenue                              1882.32p    
The NAV includes a provision for any performance fee applicable.        
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