Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 08-May-2015      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1983.73p    
INCLUDING current year revenue                              2028.13p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1931.28p    
INCLUDING current year revenue                              1975.69p    
The NAV includes a provision for any performance fee applicable.        
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