H&R BLOCK INC — Director's Dealing 2003

Dec 2, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2003-12-01

Reporting Person: MCDOUGALL LINDA M (Vice President, Communications)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-01	Common Stock, without par value	M	1524	$16.1250	Acquired	2413.4826	Direct
2003-12-01	Common Stock, without par value	M	6252	$21.0625	Acquired	8665.4826	Direct
2003-12-01	Common Stock, without par value	M	5988	$16.1875	Acquired	14653.4826	Direct
2003-12-01	Common Stock, without par value	M	2691	$32.2750	Acquired	17344.4826	Direct
2003-12-01	Common Stock, without par value	S	16455	$53.6300	Disposed	889.4826	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-01	Call Option to Purchase	$16.1250	M	1524	Disposed	2007-06-30	Common Stock, without par value (1524)	Direct
2003-12-01	Call Option to Purchase	$21.0625	M	6252	Disposed	2008-06-30	Common Stock, without par value (6252)	Direct
2003-12-01	Call Option to Purchase	$32.2750	M	2691	Disposed	2011-06-30	Common Stock, without par value (2691)	Direct
2003-12-01	Call Option to Purchase	$16.1875	M	5988	Disposed	2010-06-30	Common Stock, without par value (5988)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$25.0000	2009-06-30	Common Stock, without par value (9000)	9000	Direct
Call Option to Purchase	$22.1875	2005-11-06	Common Stock, without par value (6000)	6000	Direct
Call Option to Purchase	$43.2500	2013-06-30	Common Stock, without par value (3000)	3000	Direct
Call Option to Purchase	$46.1500	2012-06-30	Common Stock, without par value (7000)	7000	Direct
Call Option to Purchase	$16.3750	2006-06-30	Common Stock, without par value (10000)	10000	Direct