Result of AGM

Keystone Investment Trust plc                         

HEADLINE: Annual General Meeting Result

At the Annual General Meeting of the Company held on 21 December 2005,
shareholders approved the following resolutions:

i. to receive the Directors' Report and Accounts for the year ended 30
September 2005;

ii. to declare a final dividend of 18.5p per ordinary share;
   
iii. to approve the Directors' Remuneration Report;
   
iv. to re-elect Mr David Adams a Director of the Company;
   
 v. to re-elect Mrs Beatrice Hollond a Director of the Company;
   
vi. to re-appoint Ernst & Young LLP as Auditors and authorise the Directors to
    determine their remuneration;
   
vii. to renew the Directors' authority to issue new ordinary shares and to
    disregard pre-emption rights;
   
viii. to renew the Directors' authority to purchase shares of the Company in
    the market for cancellation within the parameters specified; and
   
ix. to adopt new Articles of Association.
   
Kerstin Rucht

INVESCO Asset Management Limited, Secretaries

21 December 2005