Net Asset Value(s)

Keystone Investment Trust Plc                                                                 
                                                                                             
As at close of business on 30-March-2016                                                      
                                                                                             
NAV per Ordinary share (unaudited) with Debt at Par                                           
                                                                                             
EXCLUDING undistributed current year revenue                             1850.97p             
                                                                                             
INCLUDING current year revenue                                           1880.99p             
                                                                                             
NAV per Ordinary share (unaudited) with Debt at Fair Value                                    
                                                                                             
EXCLUDING undistributed current year revenue                             1800.60p             
                                                                                             
INCLUDING current year revenue                                           1830.62p             
                                                                                             
The NAV includes a provision for any performance fee applicable.                              
                                                                                             
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