Net Asset Value(s)

Keystone Investment Trust Plc As at close of business on 11-July-2017 NAV per Ordinary share (unaudited) with Debt at Par EXCLUDING undistributed current year revenue 1959.16p INCLUDING current year revenue 1991.76p NAV per Ordinary share (unaudited) with Debt at Fair Value EXCLUDING undistributed current year revenue 1900.98p INCLUDING current year revenue 1933.58p The NAV includes a provision for any performance fee applicable. LEI: 5493002H3JXLXLIGC563 ---