KEYCORP /NEW/ — Director's Dealing 2007

Aug 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2007-08-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-01	Common Shares	M	80000	$32.84	Acquired	352517	Direct
2007-08-01	Common Shares	F	77523	$34.55	Disposed	274994	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-01	Option to Buy	$32.84	M	80000	Disposed	2008-01-14	Common Shares (80000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	173328	Indirect

Footnotes

F1: As of December 31, 2006.