Code:
	<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml" >
<head><title>
    Untitled Page
</title></head>
<body>
<form name="form1" method="post" action="example.aspx" id="form1">
<div>
<input type="hidden" name="__VIEWSTATE" id="__VIEWSTATE" value="/wEPDwULLTE1MjM0NTI1NjgPZBYCAgMPZBYCAgEPEA9kFgIeCm9ua2V5cHJlc3MFMX" />
</div>
<script language="javascript" type="text/javascript">
function KeySortDropDownList_onkeypress (dropdownlist,caseSensitive) {
  // check the keypressBuffer attribute is defined on the dropdownlist
  var undefined; 
  if (dropdownlist.keypressBuffer == undefined) { 
    dropdownlist.keypressBuffer = ''; 
  } 
  // get the key that was pressed 
  var key = String.fromCharCode(window.event.keyCode); 
  dropdownlist.keypressBuffer += key;
  if (!caseSensitive) {
    // convert buffer to lowercase
    dropdownlist.keypressBuffer = dropdownlist.keypressBuffer.toLowerCase();
  }
  // find if it is the start of any of the options 
  var optionsLength = dropdownlist.options.length; 
  for (var n=0; n < optionsLength; n++) { 
    var optionText = dropdownlist.options[n].text; 
    if (!caseSensitive) {
      optionText = optionText.toLowerCase();
    }
    if (optionText.indexOf(dropdownlist.keypressBuffer,0) == 0) { 
      dropdownlist.selectedIndex = n; 
      return false; // cancel the default behavior since 
                    // we have selected our own value 
    } 
  } 
  // reset initial key to be inline with default behavior 
  dropdownlist.keypressBuffer = key; 
  return true; // give default behavior 
} 
</script>
<div>
Find 'Brown" by typing 'b', 'r', 'o' when the dropdownlist has focus<br />
<br />
<select name="KeySortDropDownList1" id="KeySortDropDownList1" onkeypress="return KeySortDropDownList_onkeypress(this,false)" style="Z-INDEX: 101; LEFT: 448px; POSITION: absolute; TOP: 176px">
    <option selected="selected" value="Apple">Apple</option>
    <option value="Bozo">Bozo</option>
    <option value="Braun">Braun</option>
    <option value="Bream">Bream</option>
    <option value="Brown">Brown</option>
    <option value="Capitol">Capitol</option>
</select>
</div>
</form>
</body>
</html>
 
but i am not able to edit in dropdown