H&R BLOCK INC — Director's Dealing 2004

Jun 1, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2004-05-28

Reporting Person: YABUKI JEFFERY W (Executive VP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-28	Common Stock, without par value	J	10.401	$45.83	Acquired	58924.1329	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	1194.6040	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$23.19	2009-09-07	Common Stock, without par value (80000.00)	80000.00	Direct
Call Option to Purchase	$16.19	2010-06-30	Common Stock, without par value (70000.00)	70000.00	Direct
Call Option to Purchase	$32.28	2011-06-30	Common Stock, without par value (90000.00)	90000.00	Direct
Call Option to Purchase	$46.15	2012-06-30	Common Stock, without par value (90000.00)	90000.00	Direct
Call Option to Purchase	$43.25	2013-06-30	Common Stock, without par value (90000.00)	90000.00	Direct

Footnotes

F1: Units acquired under the H&R Block Deferred Compensation Plan for Executives, as Amended and Restated. Each unit has the value of one share of Common Stock.

F2: Units held under the H&R Block Retirement Savings Plan.