KEYCORP /NEW/ — Director's Dealing 2007

Jan 29, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2007-01-26

Reporting Person: HOGAN CHARLES R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-26	Common Shares	M	7000	$25.31	Acquired	256029	Direct
2007-01-26	Common Shares	F	4675	$37.90	Disposed	251354	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-26	Option to Buy	$25.31	M	7000	Disposed	2007-04-22	Common Shares (7000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	79782	Indirect