Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 01-April-2015        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1930.15p    
INCLUDING current year revenue                              1960.23p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1873.74p    
INCLUDING current year revenue                              1903.82p    
The NAV includes a provision for any performance fee applicable.        
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