How do I use keyring with Python 2.4?

I wrote a package that has dependency in keyring.

Everything is installed fine with Python 2.7 until I test Python 2.4

Here is my setup.py

from setuptools import setup, find_packages

setup(
    name="blah",
    version='0.9dev',
    description="blah",
    package_dir = {'': 'src'},
    packages=find_packages('src'),
    include_package_data=True,
    zip_safe=False,
    install_requires=[
        'setuptools',
        'keyring',
        'argparse',
        'Cheetah'
    ],
    entry_points = """
    [console_scripts]
    A = A:main
    """,
)

I keep getting syntax error.
UPDATE: here is what i see when i try to install the package

Getting distribution for 'keyring'.
warning: no previously-included files found matching '.hg/last-message.txt'
  File "build/bdist.linux-x86_64/egg/keyring/tests/test_backend.py", line 65
    yield
         ^
SyntaxError: invalid syntax
  File "build/bdist.linux-x86_64/egg/keyring/tests/test_core.py", line 127
    with open(self.legacy_location, 'w') as f:
            ^
SyntaxError: invalid syntax
  File "build/bdist.linux-x86_64/egg/keyring/util/escape.py", line 21
    return c if c in LEGAL_CHARS else ESCAPE_FMT % ord(c)
              ^
SyntaxError: invalid syntax
zip_safe flag not set; analyzing archive contents...
keyring.core: module references __path__
keyring.tests.test_cli: module references __file__
  File "/home/bpm/Downloads/qc_processor/eggs/tmp4sN15a/keyring-0.8.1-py2.4.egg/keyring/tests/test_backend.py", line 65
    yield
         ^
SyntaxError: invalid syntax
  File "/home/bpm/Downloads/qc_processor/eggs/tmp4sN15a/keyring-0.8.1-py2.4.egg/keyring/tests/test_core.py", line 127
    with open(self.legacy_location, 'w') as f:
            ^
SyntaxError: invalid syntax
  File "/home/bpm/Downloads/qc_processor/eggs/tmp4sN15a/keyring-0.8.1-py2.4.egg/keyring/util/escape.py", line 21
    return c if c in LEGAL_CHARS else ESCAPE_FMT % ord(c)

The errors are due to using features that were added to Python after version 2.4, like the with statement and conditional expressions. See, for instance, the What's New document for Python 2.5.