Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                  
                                                                                     
As at close of business on 26-January-2021                                            
                                                                                     
NAV per Ordinary share (unaudited) with Debt at Par                                  
                                                                                     
EXCLUDING undistributed current year revenue                               344.96p    
                                                                                     
INCLUDING current year revenue                                             346.96p    
                                                                                     
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                     
EXCLUDING undistributed current year revenue                               344.97p    
                                                                                     
INCLUDING current year revenue                                             346.97p    
                                                                                     
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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