Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
                                                                                               
As at close of business on 19-September-2016                                                   
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Par                                            
                                                                                               
EXCLUDING undistributed current year revenue                              1935.41p             
                                                                                               
INCLUDING current year revenue                                            1978.66p             
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
                                                                                               
EXCLUDING undistributed current year revenue                              1872.19p             
                                                                                               
INCLUDING current year revenue                                            1915.43p             
                                                                                               
The NAV includes a provision for any performance fee applicable.                               
                                                                                               
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