TEI T-Online Ag

Keystone Investment Trust Plc
As at close of business on 03-May-2013
NAV per Ordinary share (unaudited) with Debt at Par
EXCLUDING undistributed current year revenue                1609.54p
INCLUDING current year revenue                              1647.45p    

NAV per Ordinary share (unaudited) with Debt at Fair Value EXCLUDING undistributed current year revenue

                1553.16p
INCLUDING current year revenue                              1591.07p    

The NAV includes a provision for any performance fee applicable. ---