Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 28-April-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1961.24p    
INCLUDING current year revenue                              2002.36p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1906.06p    
INCLUDING current year revenue                              1947.18p    
The NAV includes a provision for any performance fee applicable.        
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