Net Asset Value(s)

Keystone Investment Trust Plc                                                                    
                                                                                                 
As at close of business on 23-May-2017                                                           
                                                                                                 
NAV per Ordinary share (unaudited) with Debt at Par                                              
                                                                                                 
EXCLUDING undistributed current year revenue                                2062.32p             
                                                                                                 
INCLUDING current year revenue                                              2106.44p             
                                                                                                 
NAV per Ordinary share (unaudited) with Debt at Fair Value                                       
                                                                                                 
EXCLUDING undistributed current year revenue                                2000.82p             
                                                                                                 
INCLUDING current year revenue                                              2044.94p             
                                                                                                 
The NAV includes a provision for any performance fee applicable.                                 
                                                                                                 
LEI: 5493002H3JXLXLIGC563                                                                        
                                                                                                 
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