KEYCORP /NEW/ — Director's Dealing 2005

Jan 3, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2004-12-31

Reporting Person: HELFRICH THOMAS E (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-31	Common Shares	F	236	$33.875	Disposed	32822	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	26240	Indirect

Footnotes

F1: As of December 31, 2003.