Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
                                                                                              
As at close of business on 01-September-2015                                                   
                                                                                              
NAV per Ordinary share (unaudited) with Debt at Par                                            
                                                                                              
EXCLUDING undistributed current year revenue                              1830.93p             
                                                                                              
INCLUDING current year revenue                                            1875.27p             
                                                                                              
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
                                                                                              
EXCLUDING undistributed current year revenue                              1778.88p             
                                                                                              
INCLUDING current year revenue                                            1823.22p             
                                                                                              
The NAV includes a provision for any performance fee applicable.                               
                                                                                              
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