Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                  
                                                                                     
As at close of business on 10-March-2020                                              
                                                                                     
NAV per Ordinary share (unaudited) with Debt at Par                                  
                                                                                     
EXCLUDING undistributed current year revenue                  307.25p                
                                                                                     
INCLUDING current year revenue                                309.73p                
                                                                                     
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                     
EXCLUDING undistributed current year revenue                  307.26p                
                                                                                     
INCLUDING current year revenue                                309.74p                
                                                                                     
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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