Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
                                                                                               
As at close of business on 11-August-2016                                                      
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Par                                            
                                                                                               
EXCLUDING undistributed current year revenue                              1947.75p             
                                                                                               
INCLUDING current year revenue                                            1987.41p             
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
                                                                                               
EXCLUDING undistributed current year revenue                              1881.30p             
                                                                                               
INCLUDING current year revenue                                            1920.97p             
                                                                                               
The NAV includes a provision for any performance fee applicable.