Keystone Investment Trust Plc

As at close of business on 27-June-2017

NAV per Ordinary share (unaudited) with Debt at Par

EXCLUDING undistributed current year revenue                                2009.96p

INCLUDING current year revenue                                              2037.93p

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

EXCLUDING undistributed current year revenue                                1949.29p

INCLUDING current year revenue                                              1977.26p

The NAV includes a provision for any performance fee applicable.

LEI: 5493002H3JXLXLIGC563

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