KEYCORP /NEW/ — Director's Dealing 2004

Oct 27, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2004-10-26

Reporting Person: SULLIVAN DENNIS W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-10-26	common shares	M	7000	$13.5	Acquired	16400	Direct
2004-10-26	common shares	F	2864	$32.95	Disposed	13533	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-10-26	option to buy	$13.5	M	7000	Disposed	2005-04-25	common shares (7000)	Direct