Net Asset Value(s)

Keystone Investment Trust Plc	
As at close of business on 22-October-2015	
NAV per Ordinary share (unaudited) with Debt at Par	
EXCLUDING undistributed current year revenue             	1920.33p
INCLUDING current year revenue                             	1969.44p
NAV per Ordinary share (unaudited) with Debt at Fair Value
EXCLUDING undistributed current year revenue             	1867.44p
INCLUDING current year revenue                             	1916.54p
The NAV includes a provision for any performance fee applicable.
---