H&R BLOCK INC — Director's Dealing 2003

Jul 31, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2003-07-29

Reporting Person: INGRAHAM JAMES H (Senior VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-07-29	Common Stock, without par value	M	4000	$20.5000	Acquired	6576.0000	Direct
2003-07-29	Common Stock, without par value	M	800	$16.3750	Acquired	7376.0000	Direct
2003-07-29	Common Stock, without par value	M	9600	$16.1250	Acquired	16976.0000	Direct
2003-07-29	Common Stock, without par value	M	15000	$21.0625	Acquired	31976.0000	Direct
2003-07-29	Common Stock, without par value	M	8400	$25.0000	Acquired	40376.0000	Direct
2003-07-29	Common Stock, without par value	M	14000	$16.1875	Acquired	54376.0000	Direct
2003-07-29	Common Stock, without par value	M	3333	$32.2750	Acquired	57709.0000	Direct
2003-07-29	Common Stock, without par value	S	7700	$44.0700	Disposed	50009.0000	Direct
2003-07-29	Common Stock, without par value	S	5000	$44.0800	Disposed	45009.0000	Direct
2003-07-29	Common Stock, without par value	S	9100	$44.1000	Disposed	35909.0000	Direct
2003-07-29	Common Stock, without par value	S	200	$44.1300	Disposed	35709.0000	Direct
2003-07-29	Common Stock, without par value	S	12900	$44.2500	Disposed	22809.0000	Direct
2003-07-29	Common Stock, without par value	S	3433	$44.2600	Disposed	19376.0000	Direct
2003-07-29	Common Stock, without par value	S	4600	$44.3200	Disposed	14776.0000	Direct
2003-07-29	Common Stock, without par value	S	300	$44.3300	Disposed	14476.0000	Direct
2003-07-29	Common Stock, without par value	S	8200	$44.3400	Disposed	6276.0000	Direct
2003-07-29	Common Stock, without par value	S	2000	$44.4100	Disposed	4276.0000	Direct
2003-07-29	Common Stock, without par value	S	900	$44.4200	Disposed	3376.0000	Direct
2003-07-29	Common Stock, without par value	S	800	$44.4300	Disposed	2576.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-07-29	Call Option to Purchase	$20.5000	M	4000	Disposed	2005-06-30	Common Stock, without par value (4000)	Direct
2003-07-29	Call Option to Purchase	$16.3750	M	800	Disposed	2006-06-30	Common Stock, without par value (800)	Direct
2003-07-29	Call Option to Purchase	$16.1250	M	9600	Disposed	2007-06-30	Common Stock, without par value (9600)	Direct
2003-07-29	Call Option to Purchase	$21.0625	M	15000	Disposed	2008-06-30	Common Stock, without par value (15000)	Direct
2003-07-29	Call Option to Purchase	$25.0000	M	8400	Disposed	2009-06-30	Common Stock, without par value (8400)	Direct
2003-07-29	Call Option to Purchase	$16.1875	M	14000	Disposed	2010-06-30	Common Stock, without par value (14000)	Direct
2003-07-29	Call Option to Purchase	$32.2750	M	3333	Disposed	2011-06-30	Common Stock, without par value (3333)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$46.1500	2012-06-30	Common Stock, without par value (15000)	15000	Direct
Call Option to Purchase	$43.2500	2013-06-30	Common Stock, without par value (10000)	10000	Direct