Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 08-October-2014      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1773.80p    
INCLUDING current year revenue                              1814.93p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1726.60p    
INCLUDING current year revenue                              1767.73p    
The NAV includes a provision for any performance fee applicable.        
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