Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                   
                                                                                      
As at close of business on 23-December-2019                                           
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Par                                   
                                                                                      
EXCLUDING undistributed current year revenue                  2027.94p                
                                                                                      
INCLUDING current year revenue                                2037.59p                
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                      
EXCLUDING undistributed current year revenue                  1989.41p                
                                                                                      
INCLUDING current year revenue                                1999.05p                
                                                                                      
The NAV includes a provision for any performance fee applicable.                      
                                                                                      
LEI: 5493002H3JXLXLIGC563                                                             
                                                                                      
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