Annual Information Update

Keystone Investment Trust plc                         

HEADLINE: Annual Information Update

This annual information update is required by and is being made pursuant to
Article 10 of the Prospectus Directive as implemented in the United Kingdom
(Prospectus Rule 5.2) and not for any other purpose and neither the Company,
nor any other person takes any responsibility for, or makes any representation,
express or implied, as to the accuracy or completeness of, the information
which is contains. This information is not necessarily up to date as at the
date of this annual information update and the Company does not undertake any
obligation to update any such information in the future.

The following information has been published or made available to the public
from 1 October 2007 to 30 September 2008 and since the Company's year-end on 30
September 2008 to date.

1. Regulatory News Service (`RNS') announcements

In addition to the following RNS announcements, Keystone Investment Trust plc
announces its Net Asset Value on a daily basis.

Date of           Announcement to Stock Exchange                         
                                                                         
Release                                                                  
                                                                         
2007                                                                     
                                                                         
01/10/07          Listing Rule 15.5.1 - Transactions in a Close Period   
                                                                         
02/10/07          Top 10 Holdings as at 30/09/07                         
                                                                         
08/10/07          Monthly Statistics                                     
                                                                         
11/10/07          TR1                                                    
                                                                         
07/11/07          Monthly Statistics                                     
                                                                         
14/11/07          Final Dividend                                         
                                                                         
19/11/07          Unaudited Preliminary Announcement of Final Results for
                  the year ended 30/09/07                                
                                                                         
20/11/07          TR1                                                    
                                                                         
30/11/07          Annual Information Update                              
                                                                         
06/12/07          Monthly Statistics                                     
                                                                         
20/12/07          AGM Results                                            
                                                                         
2008                                                                     
                                                                         
03/01/08          Top 10 Investments as at 31/12/07                      
                                                                         
11/01/08          Interim Management Statement for the three months ended
                  31/12/07                                               
                                                                         
01/04/08          Listing Rule 15.5.1 - Transactions in a Close Period   
                                                                         
15/05/08          Interim Dividend                                       
                                                                         
21/05/08          Half-Yearly Financial Report for the six months to 31/ 
                  03/08                                                  
                                                                         
15/07/08          Interim Management Statement for the three months ended
                  30/06/08                                               
                                                                         
01/10/08          Listing Rule 15.5.1 - Transactions in a Close Period   
                                                                         
03/10/08          TR1                                                    
                                                                         
07/11/08          TR1                                                    
                                                                         
12/11/08          Final Dividend                                         
                                                                         
17/11/08          Annual Financial Report Announcement for the Financial 
                  Year ended 30/09/08                                    

All of the information listed above is available for viewing on the London

Stock Exchange RNS website and on www.invescoperpetual.co.uk/investmenttrusts

2. Companies' House Filings

Date           Document            Document Description          
                                                                 
21/12/07       AA                  Annual Report and Accounts for
                                   the year ended 30 September   
                                   2007                          
                                                                 
21/12/07       Res 12              Special Resolutions approved  
                                                                 
                                   at the AGM on 20/12/07        
                                                                 
21/12/07       MEM/ARTS            Articles of Association       
                                                                 
14/01/08       363s                Annual Return made up to      
                                                                 
                                   24/12/07                      

Invesco Asset Management Limited

30 Finsbury Square, London EC2A 1AG

Contact: Kerstin Rucht 020 7065 4517

2 December 2008