Net Asset Value(s)

Keystone Investment Trust Plc                                                       
                                                                                    
As at close of business on 02-August-2017                                           
                                                                                    
NAV per Ordinary share (unaudited) with Debt at Par                                 
                                                                                    
EXCLUDING undistributed current year revenue                     1991.91p           
                                                                                    
INCLUDING current year revenue                                   2023.92p           
                                                                                    
NAV per Ordinary share (unaudited) with Debt at Fair Value                          
                                                                                    
EXCLUDING undistributed current year revenue                     1932.57p           
                                                                                    
INCLUDING current year revenue                                   1964.58p           
                                                                                    
The NAV includes a provision for any performance fee applicable.                    
                                                                                    
LEI: 5493002H3JXLXLIGC563                                                           
                                                                                    
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