Net Asset Value(s)

Keystone Investment Trust Plc	
As at close of business on 01-December-2015	
NAV per Ordinary share (unaudited) with Debt at Par	
EXCLUDING undistributed current year revenue             	1958.28p
INCLUDING current year revenue                             	2011.86p
NAV per Ordinary share (unaudited) with Debt at Fair Value
EXCLUDING undistributed current year revenue             	1906.53p
INCLUDING current year revenue                             	1960.11p
The NAV includes a provision for any performance fee applicable.	
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