Result of AGM

Keystone Investment Trust plc                         

HEADLINE: Annual General Meeting Results and Retirement of Director

At the Annual General Meeting of the Company held on 14 December 2010,
shareholders approved the following resolutions:

i. to receive the Directors' Annual Financial Report for the year ended 30
September 2010;

ii. to declare a final dividend of 28.0p per ordinary share, which will be paid
    on 17 December 2010 to shareholders on the register on 19 November 2010;
   
iii. to approve the Directors' Remuneration Report for the year ended 30
    September 2010;
   
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-elect Mr William Kendall a Director of the Company;
   
vii. to re-elect Mr Peter Readman a Director of the Company;
   
viii. to re-appoint Ernst & Young LLP as Auditors and authorise the Directors
    to determine their remuneration;
   
ix. to renew the Directors' authority to allot new ordinary shares;
   
 x. to renew the Directors' authority to allot new ordinary shares for cash
    while disapplying pre-emption rights within parameters specified;
   
xi. to renew the Directors' authority to purchase shares of the Company in the
    market for cancellation within the parameters specified; and
   
xii. that the period of notice required for general meetings of the Company
    (other than AGMs) shall be no less than 14 days.
   
At the end of the Annual General Meeting, Mr Richard Oldfield retired as
Director and Chairman of Keystone Investment Trust plc. The Board thanks
Richard warmly for his significant contribution to the Company's business and
wishes him all the very best for the future. Beatrice Hollond has taken over as
the new Chairman of the Company.

Kerstin Rucht

Invesco Asset Management Limited, Secretaries

15 December 2010