Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
                                                                                               
As at close of business on 14-September-2016                                                   
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Par                                            
                                                                                               
EXCLUDING undistributed current year revenue                              1905.18p             
                                                                                               
INCLUDING current year revenue                                            1948.28p             
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
                                                                                               
EXCLUDING undistributed current year revenue                              1841.91p             
                                                                                               
INCLUDING current year revenue                                            1885.01p             
                                                                                               
The NAV includes a provision for any performance fee applicable.                               
                                                                                               
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