KEYCORP /NEW/ — Director's Dealing 2008

Feb 22, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2008-02-21

Reporting Person: MOONEY BETH E (Vice Chair)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-21	Common Shares	A	18997	—	Acquired	37791	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-21	Phantom Shares	$23.03	A	18997	Acquired	2011-02-21	Common Shares (18997)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	371	Indirect

Footnotes

F1: Award of Restricted Stock

F2: As of December 31, 2007.

F3: Performance Shares payable in cash.