HASBRO, INC. — Director's Dealing 2004

Nov 10, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2004-11-09

Reporting Person: HARGREAVES DAVID D R (SVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-09	Common Stock (par value $.50 per share)	M	22500	$13.1389	Acquired	81772	Direct
2004-11-09	Common Stock (par value $.50 per share)	F	18388	$18.43	Disposed	63384	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-09	Option (Right to Buy)	$13.1389	M	22500	Disposed	2004-12-05	Common Stock (22500)	Direct

Footnotes

F1: Represents payment of exercise price to the Company by the delivery of shares already owned, as well as payment of tax withholding by having the Company withhold from the number of shares being issued upon exercise of the option.

F2: These options were granted pursuant to an employee stock option plan in accordance 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 5, 1994.