Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 05-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1960.95p    
INCLUDING current year revenue                              1983.28p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1909.66p    
INCLUDING current year revenue                              1931.99p    
The NAV includes a provision for any performance fee applicable.        
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