Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 27-April-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1983.12p    
INCLUDING current year revenue                              2024.28p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1927.80p    
INCLUDING current year revenue                              1968.96p    
The NAV includes a provision for any performance fee applicable.        
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