HASBRO, INC. — Director's Dealing 2003

Nov 24, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2003-11-20

Reporting Person: HOLT RICHARD B (Sr. VP and CAFCO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-20	Common Stock (Par Value $.50/share)	M	14062	$16.6389	Acquired	61670	Direct
2003-11-20	Common Stock (Par Value $.50/share)	F	12121	$21.245	Disposed	49549	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-20	Option (Right to Buy)	$16.6389	M	14062	Disposed	2003-12-05	Common Stock (14062)	Direct

Footnotes

F1: Represents payment of exercise price and withholding taxes to the Company by the delivery of shares already owned and withholding of shares.

F2: These options were granted pursuant to an employee stock option plan in compliance with Rule 16b-3.

F3: These options vested in cumulative installments of 33 1/3% on each of the first three anniversaries of the date of grant, which grant date was December 6, 1993.