Result of AGM

Keystone Investment Trust plc                         

HEADLINE: Annual General Meeting Result

At the Annual General Meeting of the Company held on 15 December 2008,
shareholders approved the following resolutions:

i.    to receive the Directors' Annual Financial Report for the year ended 30
      September 2008;

ii.   to declare a final dividend of 27.0p per ordinary share;
    
iii.  to approve the Directors' Remuneration Report for the year ended 30
      September 2008;
   
iv.   to re-elect Mr Richard Oldfield a Director of the Company;
   
v.    to re-elect Mr David Adams a Director of the Company;
   
vi.   to re-elect Mrs Beatrice Hollond a Director of the Company;
   
vii.  to re-elect Mr William Kendall a Director of the Company;
   
viii. to re-elect Mr Peter Readman a Director of the Company;
   
ix.   to re-appoint Ernst & Young LLP as Auditors and authorise the Directors to
      determine their remuneration;
    
x.    to renew the Directors' authority to allot new ordinary shares;
   
xi.   to renew the Directors' authority to allot new ordinary shares for cash
      while disapplying pre-emption rights within parameters specified;
   
xii.  to renew the Directors' authority to purchase shares of the Company in the
      market for cancellation within the parameters specified; and
   
xiii. to adopt new Articles of Association for the Company.
   
Kerstin Rucht

Invesco Asset Management Limited, Secretaries

15 December 2008