Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 17-March-2020                                              
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                      234.58p              
                                                                                       
INCLUDING current year revenue                                    237.04p              
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                       
EXCLUDING undistributed current year revenue                      234.59p              
                                                                                       
INCLUDING current year revenue                                    237.05p              
                                                                                       
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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