H&R BLOCK INC — Director's Dealing 2003

May 2, 2003

4 1 ern20.htm FORM 4 FOR ERNST SEC Form 4

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). (Print or Type Responses) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response. . . . . 0.5

1. Name and Address of Reporting Person * Ernst, Mark A. (Last) (First) (Middle) 4400 Main Street (Street) Kansas City, MO 64111 (City) (State) (Zip) USA
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)	4. Statement for Month/Day/Year April 30, 2003 5. If Amendment, Date of Original (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Owner- ship Form: Direct(D) or Indirect (I) (Instr. 4)
Common Stock, without par value	106,902.1399 (1)	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. (over) SEC 1474 (9-02)

Ernst, Mark A. - April 30, 2003

Form 4 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conver- sion or Exercise Price of Deri- vative Security	6. Date Exercisable(DE) and Expiration Date(ED) (Month/Day/Year) (DE) | (ED)	7. Title and Amount of Underlying Securities (Instr. 3 and 4)	9. Number of Derivative Securities Beneficially Owned Following Reported Transactions (Instr.4)	10. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I) (Instr.4)
Call Option to Purchase	$20.0625	09/01/1999 | 09/01/2008	Common Stock, without par value - 300,000	300,000	D
Call Option to Purchase	$25.0000	06/30/2002 | 06/30/2009	Common Stock, without par value - 120,000	120,000	D
Call Option to Purchase	$16.1875	06/30/2003 | 06/30/2010	Common Stock, without par value - 150,000	150,000	D
Call Option to Purchase	$32.2750	06/30/2004 | 06/30/2011	Common Stock, without par value - 180,000	180,000	D
Call Option to Purchase	$46.1500	06/30/2004 | 06/30/2012	Common Stock, without par value - 120,000	120,000	D

Explanation of Responses :

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. By: James H. Ingraham per Power of Attorney 05-02-2003 ** Signature of Reporting Person Date Mark A. Ernst Page 2

Ernst, Mark A. - April 30, 2003

Form 4 (continued)

FOOTNOTE Descriptions for H&R Block, Inc. HRB Form 4 - April 2003 Mark A. Ernst 4400 Main Street Kansas City, MO 64111 Explanation of responses: (1) The reporting person is voluntarily updating his end of period holdings to reflect the acquisition of 149.0339 shares (including shares acquired through dividend reinvestment) under the H&R Block, Inc. 2000 Employee Stock Purchase Plan, which qualifies as an employee stock purchase plan under Section 423 of the Internal Revenue Code of 1986, as amended.

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