Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 14-May-2015      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1969.13p    
INCLUDING current year revenue                              2013.85p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1918.24p    
INCLUDING current year revenue                              1962.95p    
The NAV includes a provision for any performance fee applicable.        
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