Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 04-January-2021                                             
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                             346.31p       
                                                                                       
INCLUDING current year revenue                                           348.12p       
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                             346.32p       
                                                                                       
INCLUDING current year revenue                                           348.12p       
                                                                                       
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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