Net Asset Value(s)

Keystone Investment Trust Plc                                                                      
                                                                                                   
As at close of business on 21-January-2019                                                         
                                                                                                   
NAV per Ordinary share (unaudited) with Debt at Par                                                
                                                                                                   
EXCLUDING undistributed current year revenue                                1816.33p               
                                                                                                   
INCLUDING current year revenue                                              1828.42p               
                                                                                                   
NAV per Ordinary share (unaudited) with Debt at Fair Value                                         
                                                                                                   
EXCLUDING undistributed current year revenue                                1771.22p               
                                                                                                   
INCLUDING current year revenue                                              1783.31p               
                                                                                                   
The NAV includes a provision for any performance fee applicable.                                   
                                                                                                   
LEI: 5493002H3JXLXLIGC563                                                                          
                                                                                                   
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