Net Asset Value(s)

Keystone Investment Trust Plc                                                                    
                                                                                                 
As at close of business on 10-May-2017                                                           
                                                                                                 
NAV per Ordinary share (unaudited) with Debt at Par                                              
                                                                                                 
EXCLUDING undistributed current year revenue                                2039.45p             
                                                                                                 
INCLUDING current year revenue                                              2077.20p             
                                                                                                 
NAV per Ordinary share (unaudited) with Debt at Fair Value                                       
                                                                                                 
EXCLUDING undistributed current year revenue                                1978.81p             
                                                                                                 
INCLUDING current year revenue                                              2016.56p             
                                                                                                 
The NAV includes a provision for any performance fee applicable.                                 
                                                                                                 
LEI: 5493002H3JXLXLIGC563                                                                        
                                                                                                 
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