Net Asset Value(s)

Keystone Investment Trust Plc                                                                 
                                                                                              
As at close of business on 26-April-2016                                                      
                                                                                              
NAV per Ordinary share (unaudited) with Debt at Par                                           
                                                                                              
EXCLUDING undistributed current year revenue                             1834.18p             
                                                                                              
INCLUDING current year revenue                                           1868.81p             
                                                                                              
NAV per Ordinary share (unaudited) with Debt at Fair Value                                    
                                                                                              
EXCLUDING undistributed current year revenue                             1782.81p             
                                                                                              
INCLUDING current year revenue                                           1817.44p             
                                                                                              
The NAV includes a provision for any performance fee applicable.                              
                                                                                              
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