That's strange, my 05 LE came with three sets of keys. Two black with the key fobs, and a third that was gray. The gray one was the valet key. The two black ones with the key fob would start the car and open/lock the trunk. The third, the "valet key", would only start the car, but
NOT open the trunk if you used one of the other two keys and locked the trunk by turning the trunk key lock to the left rather than right. Turning the trunk lock key to the left would also prevent the inside trunk release latch in the car's cabin from opening the trunk.
According to this link,
http://answers.yahoo.com/question/in...8010109AAyJ7U0, the car's computer can be programed to accept a key with the engine immobilizer chip as either a master or valet key.