Keystone Investment Trust Plc

As at close of business on 17-October-2017

NAV per Ordinary share (unaudited) with Debt at Par

EXCLUDING undistributed current year revenue                                2016.89p

INCLUDING current year revenue                                              2062.74p

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

EXCLUDING undistributed current year revenue                                1959.79p

INCLUDING current year revenue                                              2005.64p

The NAV includes a provision for any performance fee applicable.

LEI: 5493002H3JXLXLIGC563

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