Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 14-January-2021                                            
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                              354.67p      
                                                                                       
INCLUDING current year revenue                                            356.73p      
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                       
EXCLUDING undistributed current year revenue                              354.68p      
                                                                                       
INCLUDING current year revenue                                            356.74p      
                                                                                       
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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