KEYCORP /NEW/ — Director's Dealing 2004

Nov 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2004-11-01

Reporting Person: MINTER STEVEN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-01	common shares	M	9800	$22.78	Acquired	45825	Direct
2004-11-01	common shares	F	6662	$33.51	Disposed	39163	Direct
2004-11-01	common shares	M	8200	$27.46	Acquired	47363	Direct
2004-11-01	common shares	F	6720	$33.51	Disposed	40643	Direct
2004-11-01	common shares	M	7300	$30.56	Acquired	47943	Direct
2004-11-01	common shares	F	6657	$33.51	Disposed	41286	Direct
2004-11-01	common shares	M	7000	$25.31	Acquired	48268	Direct
2004-11-01	common shares	F	5287	$33.51	Disposed	42999	Direct
2004-11-01	common shares	M	3760	$18.68	Acquired	46756	Direct
2004-11-01	common shares	F	2096	$33.51	Disposed	44663	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-01	option to buy	$22.78	M	9800	Disposed	2011-04-22	common shares (9800)	Direct
2004-11-01	option to buy	$27.46	M	8200	Disposed	2012-04-21	common shares (8200)	Direct
2004-11-01	option to buy	$30.56	M	7300	Disposed	2009-04-20	common shares (7300)	Direct
2004-11-01	option to buy	$25.31	M	7000	Disposed	2007-04-22	common shares (7000)	Direct
2004-11-01	option to buy	$18.68	M	3760	Disposed	2010-04-25	common shares (3760)	Direct