Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 21-January-2020                                             
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                          2027.69p         
                                                                                       
INCLUDING current year revenue                                        2041.30p         
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                          1988.42p         
                                                                                       
INCLUDING current year revenue                                        2002.04p         
                                                                                       
The NAV includes a provision for any performance fee applicable.                       
                                                                                       
LEI: 5493002H3JXLXLIGC563