Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 26-August-2014       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1814.35p    
INCLUDING current year revenue                              1851.90p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1768.85p    
INCLUDING current year revenue                              1806.40p    
The NAV includes a provision for any performance fee applicable.        
---