Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 17-January-2020                                             
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                     2046.20p              
                                                                                       
INCLUDING current year revenue                                   2059.92p              
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                     2006.79p              
                                                                                       
INCLUDING current year revenue                                   2020.51p              
                                                                                       
The NAV includes a provision for any performance fee applicable.                       
                                                                                       
LEI: 5493002H3JXLXLIGC563                                                              
                                                                                       
---