Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 23-April-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1987.73p    
INCLUDING current year revenue                              2028.89p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1932.70p    
INCLUDING current year revenue                              1973.85p    
The NAV includes a provision for any performance fee applicable.        
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