Keystone Investment Trust Plc

As at close of business on 18-August-2017

NAV per Ordinary share (unaudited) with Debt at Par

EXCLUDING undistributed current year revenue                                1946.94p

INCLUDING current year revenue                                              1988.49p

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

EXCLUDING undistributed current year revenue                                1886.17p

INCLUDING current year revenue                                              1927.72p

The NAV includes a provision for any performance fee applicable.

LEI: 5493002H3JXLXLIGC563

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