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Key Receives ELA Corporate Sustainer Award

Award Recognizes Company’s Contributions to Industry’s Research Association

SUPERIOR, Colo. – November 7, 2002– Key Equipment Finance, one of the nation’s largest equipment leasing organizations and an affiliate of KeyCorp (NYSE:KEY) today announced that it is the recipient of a 2002 Corporate Sustainer Award from the Equipment Leasing Association.

The award recognizes the company’s generous contribution to the Equipment Leasing and Finance Foundation throughout the year. The Foundation is a non-profit organization that promotes the growth and effectiveness of the equipment leasing and finance industry. It identifies, studies and researches critical industry issues and disseminates information to the business, academic and legislative communities. Key Equipment Finance has been a donor to the Foundation for several years.

“Our contributions to the Equipment Leasing and Finance Foundation help the foundation to continue its numerous research and knowledge sharing projects,” said Paul Larkins, president and CEO of Key Equipment Finance.

About Key Equipment Finance
Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. They focus on four distinct markets:

  • businesses of all sizes in the U.S. and Canada (from small business to large corporate);
  • equipment manufacturers, distributors and value-added resellers worldwide;
  • federal, provincial, state and local governments as well as other public sector organizations; and
  • lease advisory services for manufacturers’ captive leasing and finance companies.

Headquartered outside Boulder, Colorado, Key Equipment Finance oversees an $8 billion equipment portfolio with annual originations of approximately $3 billion. The company, which operates in 26 countries and employs more than 600 people worldwide, has been in the equipment financing business for nearly 30 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at KEFonline.com.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $84 billion. Key companies provide investment management, retail and commercial banking, retirement, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through KeyCenters and offices; a network of approximately 2,300 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site, Key.com(R), that provides account access and financial products 24 hours a day.

 
 

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