Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 31-March-2020                                               
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                         256.02p           
                                                                                       
INCLUDING current year revenue                                       257.59p           
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                         256.03p           
                                                                                       
INCLUDING current year revenue                                       257.60p           
                                                                                       
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                                                              
                                                                                       
---