Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 04-November-2020                                            
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                            307.03p        
                                                                                       
INCLUDING current year revenue                                          308.01p        
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                       
EXCLUDING undistributed current year revenue                            307.04p        
                                                                                       
INCLUDING current year revenue                                          308.02p        
                                                                                       
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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