KEYCORP /NEW/ — Director's Dealing 2004

May 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2004-05-17

Reporting Person: RICKERT ROBERT G (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-17	common shares	F	3088	$29.98	Disposed	34535	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares	12783	Indirect

Footnotes

F1: As of December 31, 2003.