Net Asset Value(s)

Keystone Investment Trust Plc                                                                    
                                                                                                 
As at close of business on 28-July-2017                                                          
                                                                                                 
NAV per Ordinary share (unaudited) with Debt at Par                                              
                                                                                                 
EXCLUDING undistributed current year revenue                                1976.83p             
                                                                                                 
INCLUDING current year revenue                                              2008.95p             
                                                                                                 
NAV per Ordinary share (unaudited) with Debt at Fair Value                                       
                                                                                                 
EXCLUDING undistributed current year revenue                                1917.64p             
                                                                                                 
INCLUDING current year revenue                                              1949.76p             
                                                                                                 
The NAV includes a provision for any performance fee applicable.                                 
                                                                                                 
LEI: 5493002H3JXLXLIGC563