Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 26-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1940.91p    
INCLUDING current year revenue                              1971.14p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1884.93p    
INCLUDING current year revenue                              1915.16p    
The NAV includes a provision for any performance fee applicable.        
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