Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 24-April-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1983.75p    
INCLUDING current year revenue                              2024.85p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1928.97p    
INCLUDING current year revenue                              1970.07p    
The NAV includes a provision for any performance fee applicable.        
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