A key locator includes first and second members. The first member has opposed ends and an intermediate u-shaped region. One of the ends of the first member comprises a hook for engaging the second member which includes a clasp while the other end comprises an enlarged portion for fixing an ornament thereto. The arrangement is suitable for hanging at the open top of a bag-like device such as a purse, backpack or briefcase whereby the ornament is displayed at the same time that the keys are readily accessible without undue fishing efforts.