Net Asset Value(s)

Keystone Investment Trust Plc                                                                    
                                                                                                 
As at close of business on 08-September-2016                                                     
                                                                                                 
NAV per Ordinary share (unaudited) with Debt at Par                                              
                                                                                                 
EXCLUDING undistributed current year revenue                                1961.87p             
                                                                                                 
INCLUDING current year revenue                                              2005.08p             
                                                                                                 
NAV per Ordinary share (unaudited) with Debt at Fair Value                                       
                                                                                                 
EXCLUDING undistributed current year revenue                                1897.02p             
                                                                                                 
INCLUDING current year revenue                                              1940.23p             
                                                                                                 
The NAV includes a provision for any performance fee applicable.