Net Asset Value(s)

Keystone Investment Trust Plc                                                                  
                                                                                               
As at close of business on 23-June-2016                                                        
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Par                                            
                                                                                               
EXCLUDING undistributed current year revenue                              1855.21p             
                                                                                               
INCLUDING current year revenue                                            1883.49p             
                                                                                               
NAV per Ordinary share (unaudited) with Debt at Fair Value                                     
                                                                                               
EXCLUDING undistributed current year revenue                              1797.80p             
                                                                                               
INCLUDING current year revenue                                            1826.08p             
                                                                                               
The NAV includes a provision for any performance fee applicable.                               
                                                                                               
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