Keystone Investment Trust Plc

As at close of business on 26-June-2017

NAV per Ordinary share (unaudited) with Debt at Par

EXCLUDING undistributed current year revenue                                2016.94p

INCLUDING current year revenue                                              2044.13p

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

EXCLUDING undistributed current year revenue                                1955.62p

INCLUDING current year revenue                                              1982.82p

The NAV includes a provision for any performance fee applicable.

LEI: 5493002H3JXLXLIGC563

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