Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                         
                                                                                            
As at close of business on 26-February-2020                                                 
                                                                                            
NAV per Ordinary share (unaudited) with Debt at Par                                         
                                                                                            
EXCLUDING undistributed current year revenue                                  370.50p       
                                                                                            
INCLUDING current year revenue                                                371.55p       
                                                                                            
NAV per Ordinary share (unaudited) with Debt at Fair Value                                  
                                                                                            
EXCLUDING undistributed current year revenue                                  370.51p       
                                                                                            
INCLUDING current year revenue                                                371.56p       
                                                                                            
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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