HASBRO, INC. — Director's Dealing 2004

Mar 1, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (has)
CIK: 0000046080
Period of Report: 2004-02-26

Reporting Person: GOLDNER BRIAN (President, Toy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-26	Common Stock (Par Value $.50/share)	M	6000	$11.59	Acquired	43607	Direct
2004-02-26	Common Stock (Par Value $.50/share)	S	6000	$21.6	Disposed	37607	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-26	Option (Right to Buy)	$11.59	M	6000	Disposed	2011-04-24	Common Stock (6000)	Direct

Footnotes

F1: These options were granted pursuant to an employee stock option plan in compliance with Rule 16b-3 and have tandem tax withholding rights.

F2: These options were granted on 4/25/2001. 33 1/3% of the options became exercisable on the first anniversary of the date of grant and an additional 33 1/3% of the options become exercisable on each anniversary of the date of grant thereafter.