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KeyCorp Appoints Valerie Raines Senior Program Officer, Corporate Philanthropy

June 14, 2007

CLEVELAND- June 13, 2007 – KeyCorp today appointed Valerie Raines senior program officer. Reporting to Key Foundation Chair and Executive Vice President and Director of Corporate Diversity & Philanthropy Margot Copeland, Raines will develop strategic grants and enhance Key’s philanthropic positioning and partnerships through its corporate giving program.

“Valerie brings a wealth of knowledge and experience tailored to Key’s strategic support of workforce development and financial literacy programs that make our communities strong,” says Copeland. “Grant seekers and communities at large will greatly benefit from her leadership, guidance and expertise in building model programs with measurable impact.”

Raines joined Key from United Way of Greater Cleveland where she served as program director responsible for working with volunteer leadership and distributing grants to member agencies. She previously served as vice president of Catholic Diocese of Cleveland Foundation and director of college guidance for Laurel School in Shaker Heights.

Raines is a member of The Foundation Center advisory board and the Harry R. Horvitz Foundation scholarship committee. She holds a Master’s degree in nonprofit organizations from Case Western Reserve University and a Bachelor’s degree in counseling and psychology from Northwestern University.

Key Foundation

Key Foundation is a private foundation funded by KeyCorp (NYSE: KEY). Charitable grants are given by the foundation to charitable organizations in the communities that Key serves. Grants from Key Foundation principally support organizations and institutions that promote economic independence through financial education and workforce initiatives that foster diversity and inclusion. Visit https://www.key.com/html/A-12.html to access Key’s Report on Philanthropic Investment, or download the report directly at https://www.key.com/pdf/philanthropicir.pdf.

KeyCorp

Cleveland-based KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $96 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For news about corporate citizenship at Key, visit http://www.csrwire.com/companyprofile?id=993.

Note to Editors: For up-to-date company information, media contacts and facts and figures about Key’s lines of business, visit our Media Newsroom at http://www.Key.com/newsroom.