H&R BLOCK INC — Director's Dealing 2004

Aug 4, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2004-08-02

Reporting Person: BLOCH THOMAS M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-02	Common Stock, without par value	S	3000	$48.8400	Disposed	80112.0000	Direct
2004-08-02	Common Stock, without par value	S	250	$48.8400	Disposed	17250.0000	Indirect
2004-08-02	Common Stock, without par value	S	250	$48.8400	Disposed	17000.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	50000.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$32.2750	2011-06-30	Common Stock, without par value (6000.00)	6000.00	Direct
Call Option to Purchase	$46.1500	2012-06-30	Common Stock, without par value (4000.00)	4000.00	Direct
Call Option to Purchase	$43.2500	2013-06-30	Common Stock, without par value (4000.00)	4000.00	Direct
Call Option to Purchase	$47.6800	2014-06-30	Common Stock, without par value (4000.00)	4000.00	Direct

Footnotes

F1: The shares, held by the Thomas Morton Block Irrecovable Trust of which I am the beneficiary, were sold pursuant to a 10b5-1 pre-arranged trading program, effective July 1, 2004.

F2: The shares, held by the Jason M. Bloch Irrevocable Gift Trust, were sold pursuant to a 10b5-1 pre-arranged trading program, effective July 1, 2004. Balance in this trust following the reported transaction is 8,500 shares.

F3: The shares, held by the Edward S. Bloch Irrevocable Gift Trust, were sold pursuant to a 10b5-1 pre-arranged trading program, effective July 1, 2004. Balance in this Trust following the reported transaction is 8,500 shares.