Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                        
                                                                                           
As at close of business on 14-January-2020                                                 
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Par                                        
                                                                                           
EXCLUDING undistributed current year revenue                                    2042.23p   
                                                                                           
INCLUDING current year revenue                                                  2054.93p   
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Fair Value                                 
                                                                                           
EXCLUDING undistributed current year revenue                                    2003.28p   
                                                                                           
INCLUDING current year revenue                                                  2015.98p   
                                                                                           
The NAV includes a provision for any performance fee applicable.                           
                                                                                           
LEI: 5493002H3JXLXLIGC563                                                                  
                                                                                           
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