Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                        
                                                                                           
As at close of business on 14-May-2020                                                      
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Par                                        
                                                                                           
EXCLUDING undistributed current year revenue                                    278.39p    
                                                                                           
INCLUDING current year revenue                                                  280.76p    
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Fair Value                                  
                                                                                           
EXCLUDING undistributed current year revenue                                    278.40p    
                                                                                           
INCLUDING current year revenue                                                  280.76p    
                                                                                           
The NAV includes a provision for any performance fee applicable.                            
                                                                                           
The fair value of debt is not materially different from the carrying value.                
                                                                                           
LEI: 5493002H3JXLXLIGC563                                                                  
                                                                                           
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