Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 16-April-2020                                               
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                         267.18p           
                                                                                       
INCLUDING current year revenue                                       268.72p           
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                         267.19p           
                                                                                       
INCLUDING current year revenue                                       268.73p           
                                                                                       
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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