HASBRO, INC. — Director's Dealing 2007

Apr 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2007-04-26

Reporting Person: NAGLER BARRY (Sr VP, GC and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-26	Common Stock (Par Value $.50/share)	M	50000	$18.6563	Acquired	76000	Direct
2007-04-26	Common Stock (Par Value $.50/share)	M	100000	$20.5219	Acquired	176000	Direct
2007-04-26	Common Stock (Par Value $.50/share)	S	146000	$31.1838	Disposed	30000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-26	Option (Right to Buy)	$18.6563	M	50000	Disposed	2010-01-02	Common Stock (50000)	Direct
2007-04-26	Option (Right to Buy)	$20.5219	M	100000	Disposed	2010-01-02	Common Stock (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (Par Value $.50/share)	12	Indirect

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, January 3, 2000.

F3: These options vested in cumulative installments of 20% on each of the first five anniversaries of the date of grant, which grant date was, January 3, 2000.

F4: These shares were sold at prices ranging from $31.15 to $31.38 with the weighted average sale price being $31.1838 per share.