Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                   
                                                                                      
As at close of business on 16-January-2020                                            
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Par                                   
                                                                                      
EXCLUDING undistributed current year revenue                       2032.77p           
                                                                                      
INCLUDING current year revenue                                     2046.51p           
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                      
EXCLUDING undistributed current year revenue                       1993.46p           
                                                                                      
INCLUDING current year revenue                                     2007.21p           
                                                                                      
The NAV includes a provision for any performance fee applicable.                      
                                                                                      
LEI: 5493002H3JXLXLIGC563                                                             
                                                                                      
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