Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
                                                                                               
As at close of business on 05-August-2016                                                      
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Par                                            
                                                                                               
EXCLUDING undistributed current year revenue                              1918.61p             
                                                                                               
INCLUDING current year revenue                                            1955.33p             
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
                                                                                               
EXCLUDING undistributed current year revenue                              1853.40p             
                                                                                               
INCLUDING current year revenue                                            1890.12p             
                                                                                               
The NAV includes a provision for any performance fee applicable.                               
                                                                                               
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