H&R BLOCK INC — Director's Dealing 2004

Jan 5, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2003-07-15

Reporting Person: TAIT STEVEN (President, Business Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-07-15	Common Stock, without par value	J	11.486	$43.5300	Acquired	7511.4860	Direct
2003-07-31	Common Stock, without par value	J	11.486	$43.5300	Acquired	7522.9720	Direct
2003-08-15	Common Stock, without par value	J	12.013	$41.6200	Acquired	7534.9850	Direct
2003-08-31	Common Stock, without par value	J	12.013	$41.6200	Acquired	7546.9980	Direct
2003-09-15	Common Stock, without par value	J	11.442	$43.7000	Acquired	7558.4400	Direct
2003-09-30	Common Stock, without par value	J	11.442	$43.7000	Acquired	7569.8820	Direct
2003-10-01	Common Stock, without par value	J	0.324	$43.0800	Acquired	7570.2060	Direct
2003-10-15	Common Stock, without par value	J	11.606	$43.0800	Acquired	7581.8120	Direct
2003-10-31	Common Stock, without par value	J	11.606	$43.0800	Acquired	7593.4180	Direct
2003-11-15	Common Stock, without par value	J	10.535	$47.4600	Acquired	7603.9530	Direct
2003-11-30	Common Stock, without par value	J	10.535	$47.4600	Acquired	7614.4880	Direct
2003-12-15	Common Stock, without par value	J	9.285	$53.8500	Acquired	7623.7730	Direct
2003-12-31	Common Stock, without par value	J	9.285	$53.8500	Acquired	7633.0580	Direct
2004-01-02	Common Stock, without par value	J	0.478	$55.7200	Acquired	7633.5360	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$42.8500	2013-04-01	Common Stock, without par value (50000)	50000	Direct
Call Option to Purchase	$43.2500	2013-06-30	Common Stock, without par value (40000)	40000	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 acquired through dividend reinvestment 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.