KEYCORP /NEW/ — Director's Dealing 2007

Jul 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2007-06-29

Reporting Person: MARTIN LAURALEE (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-29	Phantom Shares	$0	A	122	Acquired	2007-06-29	Common Shares (122)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	4500	Direct

Footnotes

F1: Under deferral plan, fees were deferred into phantom stock account which stock is convertible into common shares on a one to one basis