Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
As at close of business on 16-July-2015                                                        
NAV per Ordinary share (unaudited) with Debt at Par                                            
EXCLUDING undistributed current year revenue                              1970.32p             
INCLUDING current year revenue                                            2004.99p             
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
EXCLUDING undistributed current year revenue                              1921.81p             
INCLUDING current year revenue                                            1956.47p             
The NAV includes a provision for any performance fee applicable.                               
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