Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 25-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1974.83p    
INCLUDING current year revenue                              2001.49p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1917.59p    
INCLUDING current year revenue                              1944.25p    
The NAV includes a provision for any performance fee applicable.        
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