Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 11-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1914.73p    
INCLUDING current year revenue                              1937.74p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1864.74p    
INCLUDING current year revenue                              1887.75p    
The NAV includes a provision for any performance fee applicable.        
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