HASBRO, INC. — Director's Dealing 2006

Nov 1, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2006-10-30

Reporting Person: Gardner Simon (President of Hasbro Europe)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-30	Common Stock (Par value $.50 per share)	M	33750	$18.7222	Acquired	44700	Direct
2006-10-30	Common Stock (Par value $.50 per share)	M	65000	$15.2188	Acquired	109700	Direct
2006-10-30	Common Stock (Par value $.50 per share)	S	98750	$25.5	Disposed	10950	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-10-30	Option (Right to Buy)	$18.7222	M	33750	Disposed	2007-02-18	Common Stock (33750)	Direct
2006-10-30	Option (Right to Buy)	$15.2188	M	65000	Disposed	2010-02-09	Common Stock (65000)	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 vested in cumulative installments of 33 1/3% on each of the first three anniversaries of the date of grant, which grant date was, February 19, 1997.

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, February 10, 2000.