Keystone Investment Trust Plc

As at close of business on 26-April-2017

NAV per Ordinary share (unaudited) with Debt at Par

EXCLUDING undistributed current year revenue                                2015.71p

INCLUDING current year revenue                                              2048.36p

NAV per Ordinary share (unaudited) with Debt at Fair Value

EXCLUDING undistributed current year revenue                                1954.12p

INCLUDING current year revenue                                              1986.77p

The NAV includes a provision for any performance fee applicable.

LEI: 5493002H3JXLXLIGC563

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