H&R BLOCK INC — Director's Dealing 2003

Sep 16, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2003-09-15

Reporting Person: COTRONEO FRANK J (Senior Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-15	Common Stock, without par value	M	40000	$20.1875	Acquired	53002.0000	Direct
2003-09-15	Common Stock, without par value	M	23334	$16.1875	Acquired	76336.0000	Direct
2003-09-15	Common Stock, without par value	S	48477	$41.0000	Disposed	27859.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-15	Call Option to Purchase	$20.1875	M	40000	Disposed	2010-02-21	Common Stock, without par value (40000)	Direct
2003-09-15	Call Option to Purchase	$16.1875	M	23334	Disposed	2010-06-30	Common Stock, without par value (23334)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$32.2750	2011-06-30	Common Stock, without par value (46668)	46668	Direct
Call Option to Purchase	$46.1500	2012-06-30	Common Stock, without par value (55000)	55000	Direct
Call Option to Purchase	$43.2500	2013-06-30	Common Stock, without par value (45000)	45000	Direct