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: 2004-01-02

Reporting Person: FRIGON HENRY F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-02	Common Stock, without par value	J	16	$55.7500	Acquired	4369.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	6000.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$25.0000	2009-06-30	Common Stock, without par value (2000)	2000	Direct
Call Option to Purchase	$16.1875	2010-06-30	Common Stock, without par value (4000)	4000	Direct
Call Option to Purchase	$32.2750	2011-06-30	Common Stock, without par value (6000)	6000	Direct
Call Option to Purchase	$46.1500	2012-06-30	Common Stock, without par value (4000)	4000	Direct
Call Option to Purchase	$43.2500	2013-06-30	Common Stock, without par value (4000)	4000	Direct

Footnotes

F1: Units for dividends paid under the H&R Block Stock Plan for Non-Employee Directors. Each unit has the value of one share of Common Stock.

F2: The shares are held by the Frigon Family Foundation, a charitable foundation for which I am a director.