Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 04-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1947.53p    
INCLUDING current year revenue                              1967.90p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1896.65p    
INCLUDING current year revenue                              1917.02p    
The NAV includes a provision for any performance fee applicable.        
---