Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 12-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1929.77p    
INCLUDING current year revenue                              1952.77p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1879.21p    
INCLUDING current year revenue                              1902.21p    
The NAV includes a provision for any performance fee applicable.        
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