Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 27-April-2020                                              
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                         282.55p          
                                                                                       
INCLUDING current year revenue                                       284.57p          
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                       
EXCLUDING undistributed current year revenue                         282.56p          
                                                                                       
INCLUDING current year revenue                                       284.58p          
                                                                                       
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                                                              
                                                                                       
---