Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                        
                                                                                           
As at close of business on 24-December-2019                                                
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Par                                        
                                                                                           
EXCLUDING undistributed current year revenue                                   2034.66p    
                                                                                           
INCLUDING current year revenue                                                 2046.10p    
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Fair Value                                 
                                                                                           
EXCLUDING undistributed current year revenue                                   1996.23p    
                                                                                           
INCLUDING current year revenue                                                 2007.67p    
                                                                                           
The NAV includes a provision for any performance fee applicable.                           
                                                                                           
LEI: 5493002H3JXLXLIGC563                                                                  
                                                                                           
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