Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                         
                                                                                            
As at close of business on 10-February-2020                                                 
                                                                                            
NAV per Ordinary share (unaudited) with Debt at Par                                         
                                                                                            
EXCLUDING undistributed current year revenue                                  1946.52p      
                                                                                            
INCLUDING current year revenue                                                1961.15p      
                                                                                            
NAV per Ordinary share (unaudited) with Debt at Fair Value                                  
                                                                                            
EXCLUDING undistributed current year revenue                                  1946.55p      
                                                                                            
INCLUDING current year revenue                                                1961.18p      
                                                                                            
The NAV includes a provision for any performance fee applicable.                            
                                                                                            
The fair value of debt is not materially different from the carrying value                  
and equates to the redemption value.                                                        
                                                                                            
LEI: 5493002H3JXLXLIGC563                                                                   
                                                                                            
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