H&R BLOCK INC — Director's Dealing 2005

Jul 5, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2005-06-30

Reporting Person: SPAETH NICHOLAS J (SVP and Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-30	Common Stock, without par value	A	5000	$58.3500	Acquired	30000.0000	Direct
2005-06-30	Common Stock, without par value	F	575	$58.6300	Disposed	29425.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-30	Call Option to Purchase	$58.3500	A	25000	Acquired	2015-06-30	Common Stock, without par value (25000.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$57.7800	2014-02-02	Common Stock, without par value (200000.00)	200000.00	Direct
Call Option to Purchase	$47.6800	2014-06-30	Common Stock, without par value (35000.00)	35000.00	Direct

Footnotes

F1: Restricted shares of Common Stock granted under the H&R Block, Inc. 2003 Long-Term Executive Compensation Plan.