Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 09-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1946.47p    
INCLUDING current year revenue                              1969.51p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1898.26p    
INCLUDING current year revenue                              1921.30p    
The NAV includes a provision for any performance fee applicable.        
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