H&R BLOCK INC — Director's Dealing 2005

Sep 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2005-08-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-31	Common Stock, without par value	J	21.054	$28.3000	Acquired	140765.0416	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	2734.8000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$11.5938	2009-09-07	Common Stock, without par value (160000.00)	160000.00	Direct
Call Option to Purchase	$8.0938	2010-06-30	Common Stock, without par value (140000.00)	140000.00	Direct
Call Option to Purchase	$16.1375	2011-06-30	Common Stock, without par value (180000.00)	180000.00	Direct
Call Option to Purchase	$23.0750	2012-06-30	Common Stock, without par value (180000.00)	180000.00	Direct
Call Option to Purchase	$21.6250	2013-06-30	Common Stock, without par value (180000.00)	180000.00	Direct
Call Option to Purchase	$23.8400	2014-06-30	Common Stock, without par value (170000.00)	170000.00	Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (160000.00)	160000.00	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.