Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
                                                                                              
As at close of business on 09-July-2015                                                        
                                                                                              
NAV per Ordinary share (unaudited) with Debt at Par                                            
                                                                                              
EXCLUDING undistributed current year revenue                              1907.53p             
                                                                                              
INCLUDING current year revenue                                            1942.32p             
                                                                                              
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
                                                                                              
EXCLUDING undistributed current year revenue                              1856.56p             
                                                                                              
INCLUDING current year revenue                                            1891.35p             
                                                                                              
The NAV includes a provision for any performance fee applicable.                               
                                                                                              
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