Net Asset Value(s)

Keystone Investment Trust Plc	
As at close of business on 20-October-2015	
NAV per Ordinary share (unaudited) with Debt at Par	
EXCLUDING undistributed current year revenue             	1910.95p
INCLUDING current year revenue                             	1957.82p
NAV per Ordinary share (unaudited) with Debt at Fair Value
EXCLUDING undistributed current year revenue             	1859.01p
INCLUDING current year revenue                             	1905.89p
The NAV includes a provision for any performance fee applicable.
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