KEYCORP /NEW/ — Director's Dealing 2007

Apr 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2007-03-30

Reporting Person: MOONEY BETH E (Vice Chair)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-30	Phantom Shares	$37.47	A	56	Acquired	2007-03-30	Common Shares (56)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	17981	Direct

Footnotes

F1: Deferral into Deferred Savings Plan.

F2: Conversion to common shares is on a one to one basis.