Net Asset Value(s)

Keystone Investment Trust Plc                                                                      
                                                                                                   
As at close of business on 31-January-2019                                                         
                                                                                                   
NAV per Ordinary share (unaudited) with Debt at Par                                                
                                                                                                   
EXCLUDING undistributed current year revenue                                1812.35p               
                                                                                                   
INCLUDING current year revenue                                              1825.23p               
                                                                                                   
NAV per Ordinary share (unaudited) with Debt at Fair Value                                         
                                                                                                   
EXCLUDING undistributed current year revenue                                1766.84p               
                                                                                                   
INCLUDING current year revenue                                              1779.73p               
                                                                                                   
The NAV includes a provision for any performance fee applicable.                                   
                                                                                                   
LEI: 5493002H3JXLXLIGC563                                                                          
                                                                                                   
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