Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 29-May-2020                                                 
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                           299.05p         
                                                                                       
INCLUDING current year revenue                                         299.55p         
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                           299.05p         
                                                                                       
INCLUDING current year revenue                                         299.55p         
                                                                                       
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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