HASBRO, INC. — Director's Dealing 2005

May 20, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2005-05-19

Reporting Person: HARGREAVES DAVID D R (Sr. VP & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-05-19	Option (Right to Buy)	$20.57	A	45000	Acquired	2012-05-18	Common Stock (45000)	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: 33 1/3% of the options become exercisable on December 25, 2005 and an additional 33 1/3% of the options become exercisable on May 19, 2007 and May 19, 2008.