Net Asset Value(s)

Keystone Investment Trust Plc	
As at close of business on 04-December-2015	
NAV per Ordinary share (unaudited) with Debt at Par	
EXCLUDING undistributed current year revenue             	1926.96p
INCLUDING current year revenue                             	1980.48p
NAV per Ordinary share (unaudited) with Debt at Fair Value
EXCLUDING undistributed current year revenue             	1876.62p
INCLUDING current year revenue                             	1930.14p
The NAV includes a provision for any performance fee applicable.	
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