KPC Keystone Positive Change Investment Trust Plc

Keystone Investment Trust Plc (KIT)

As at close of business on 23-January-2020

NAV per Ordinary share (unaudited) with Debt at Par

EXCLUDING undistributed current year revenue                 2016.06p

INCLUDING current year revenue                               2029.61p

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

EXCLUDING undistributed current year revenue                 1976.79p

INCLUDING current year revenue                               1990.35p

The NAV includes a provision for any performance fee
applicable.

LEI: 5493002H3JXLXLIGC563

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