Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 24-January-2020                                             
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                     2032.05p              
                                                                                       
INCLUDING current year revenue                                   2045.58p              
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                     1992.74p              
                                                                                       
INCLUDING current year revenue                                   2006.27p              
                                                                                       
The NAV includes a provision for any performance fee applicable.                       
                                                                                       
LEI: 5493002H3JXLXLIGC563                                                              
                                                                                       
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