Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
As at close of business on 23-June-2015                                                        
NAV per Ordinary share (unaudited) with Debt at Par                                            
EXCLUDING undistributed current year revenue                              1957.51p             
INCLUDING current year revenue                                            1987.40p             
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
EXCLUDING undistributed current year revenue                              1908.61p             
INCLUDING current year revenue                                            1938.50p             
The NAV includes a provision for any performance fee applicable.