KEYCORP /NEW/ — Director's Dealing 2005

Oct 26, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2005-10-25

Reporting Person: MEYER HENRY L III (Director, Chair and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-10-25	Common shares	M	50000	$17.125	Acquired	271424	Direct
2005-10-25	common shares	F	34513	$31.43	Disposed	236911	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-10-25	option to buy	$17.125	M	50000	Disposed	2006-01-17	common shares (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common shares	157369	Indirect

Footnotes

F1: As of December 31, 2004.