<DOCUMENT>
<TYPE>EX-15
<SEQUENCE>13
<FILENAME>l90890aex15.txt
<DESCRIPTION>EXHIBIT 15
<TEXT>
<PAGE>
                                                                      Exhibit 15



                  ACKNOWLEDGMENT LETTER OF INDEPENDENT AUDITORS



Shareholders and Board of Directors
KeyCorp


We are aware of the  incorporation  by reference in the  Registration  Statement
(Form S-3) of KeyCorp,  of our reports  dated April 13, 2001,  July 13, 2001 and
October  12, 2001  relating  to the  unaudited  condensed  consolidated  interim
financial  statements of KeyCorp,  that are included in the Quarterly  Report on
Form 10-Q for the quarters ended March 31, 2001, June 30, 2001 and September 30,
2001.


/s/ Ernst & Young LLP


Cleveland, Ohio
November 8, 2001

</TEXT>
</DOCUMENT>
