Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 17-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1953.42p    
INCLUDING current year revenue                              1976.43p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1901.90p    
INCLUDING current year revenue                              1924.90p    
The NAV includes a provision for any performance fee applicable.        
---