Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 02-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1954.77p    
INCLUDING current year revenue                              1974.34p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1902.44p    
INCLUDING current year revenue                              1922.01p    
The NAV includes a provision for any performance fee applicable.        
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