KEYCORP /NEW/ — Director's Dealing 2004

Jan 16, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2003-12-31

Reporting Person: IRVING LEROY G (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-17	Common Shares	G	2500	—	Disposed	70120	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	3659	Indirect
Phantom Shares	8280	Indirect
Phantom Shares	2197	Indirect

Footnotes

F1: As of December 31, 2003