Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                    
                                                                                       
As at close of business on 06-January-2021                                             
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par                                    
                                                                                       
EXCLUDING undistributed current year revenue                          357.87p          
                                                                                       
INCLUDING current year revenue                                        359.67p          
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Fair Value                             
                                                                                       
EXCLUDING undistributed current year revenue                          357.88p          
                                                                                       
INCLUDING current year revenue                                        359.68p          
                                                                                       
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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