Net Asset Value(s)

Keystone Investment Trust Plc (KIT)                                                   
                                                                                      
As at close of business on 02-January-2020                                            
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Par                                   
                                                                                      
EXCLUDING undistributed current year revenue                   2052.06p               
                                                                                      
INCLUDING current year revenue                                 2063.68p               
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Fair Value                            
                                                                                      
EXCLUDING undistributed current year revenue                   2013.78p               
                                                                                      
INCLUDING current year revenue                                 2025.40p               
                                                                                      
The NAV includes a provision for any performance fee applicable.                      
                                                                                      
LEI: 5493002H3JXLXLIGC563                                                             
                                                                                      
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