Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                        
                                                                                           
As at close of business on 19-February-2020                                                
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Par                                        
                                                                                           
EXCLUDING undistributed current year revenue                                     394.68p   
                                                                                           
INCLUDING current year revenue                                                   398.08p   
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Fair Value                                 
                                                                                           
EXCLUDING undistributed current year revenue                                     394.68p   
                                                                                           
INCLUDING current year revenue                                                   398.08p   
                                                                                           
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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