Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                   
                                                                                      
As at close of business on 18-December-2019                                           
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Par                                   
                                                                                      
EXCLUDING undistributed current year revenue                2015.67p                  
                                                                                      
INCLUDING current year revenue                              2024.89p                  
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                      
EXCLUDING undistributed current year revenue                1976.83p                  
                                                                                      
INCLUDING current year revenue                              1986.05p                  
                                                                                      
The NAV includes a provision for any performance fee applicable.                      
                                                                                      
LEI: 5493002H3JXLXLIGC563                                                             
                                                                                      
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