Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                   
                                                                                      
As at close of business on 04-March-2020                                              
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Par                                   
                                                                                      
EXCLUDING undistributed current year revenue                 346.54p                  
                                                                                      
INCLUDING current year revenue                               348.63p                  
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                      
EXCLUDING undistributed current year revenue                 346.54p                  
                                                                                      
INCLUDING current year revenue                               348.64p                  
                                                                                      
The NAV includes a provision for any performance fee applicable.                      
                                                                                      
The fair value of debt is not materially different from the carrying value and        
equates to the redemption value.                                                      
                                                                                      
LEI: 5493002H3JXLXLIGC563                                                             
                                                                                      
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