KEYCORP /NEW/ — Director's Dealing 2008

Jan 2, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2008-01-01

Reporting Person: CARTWRIGHT CAROL A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-31	Common Shares	M	189	—	Acquired	3544	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-01-01	Phantom Shares	$0	M	189	Disposed	2008-01-01	Common Shares (189)	Direct

Footnotes

F1: Phantom Shares were converted to treasury shares on a one to one basis and distributed under deferral plan.