Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 30-March-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1938.59p    
INCLUDING current year revenue                              1968.73p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1882.44p    
INCLUDING current year revenue                              1912.58p    
The NAV includes a provision for any performance fee applicable.        
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