Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 18-March-2020                                               
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                     218.13p               
                                                                                       
INCLUDING current year revenue                                   220.62p               
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                     218.14p               
                                                                                       
INCLUDING current year revenue                                   220.63p               
                                                                                       
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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