Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
                                                                                               
As at close of business on 16-March-2016                                                       
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Par                                            
                                                                                               
EXCLUDING undistributed current year revenue                              1853.47p             
                                                                                               
INCLUDING current year revenue                                            1881.42p             
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
                                                                                               
EXCLUDING undistributed current year revenue                              1803.93p             
                                                                                               
INCLUDING current year revenue                                            1831.88p             
                                                                                               
The NAV includes a provision for any performance fee applicable.                               
                                                                                               
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