Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 26-February-2015     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1956.59p    
INCLUDING current year revenue                              1976.26p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1902.93p    
INCLUDING current year revenue                              1922.59p    
The NAV includes a provision for any performance fee applicable.        
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