Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                        
                                                                                           
As at close of business on 23-April-2020                                                  
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Par                                        
                                                                                           
EXCLUDING undistributed current year revenue                                   280.32p    
                                                                                           
INCLUDING current year revenue                                                 282.24p    
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Fair Value                                
                                                                                           
EXCLUDING undistributed current year revenue                                   280.33p    
                                                                                           
INCLUDING current year revenue                                                 282.25p    
                                                                                           
The NAV includes a provision for any performance fee applicable.                          
                                                                                           
The fair value of debt is not materially different from the carrying value.                
                                                                                           
LEI: 5493002H3JXLXLIGC563                                                                  
                                                                                           
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