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: MCDOUGALL LINDA M (Vice President, Communications)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-30	Common Stock, without par value	A	750	$58.3500	Acquired	2761.6875	Direct
2005-06-30	Common Stock, without par value	F	207	$58.6300	Disposed	2554.6875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-30	Call Option to Purchase	$58.3500	A	2800	Acquired	2015-06-30	Common Stock, without par value (2800.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$47.6800	2014-06-30	Common Stock, without par value (2500.00)	2500.00	Direct
Call Option to Purchase	$16.3750	2006-06-30	Common Stock, without par value (10000.00)	10000.00	Direct
Call Option to Purchase	$16.1250	2007-06-30	Common Stock, without par value (6876.00)	6876.00	Direct
Call Option to Purchase	$21.0625	2008-06-30	Common Stock, without par value (3348.00)	3348.00	Direct
Call Option to Purchase	$25.0000	2009-06-30	Common Stock, without par value (9000.00)	9000.00	Direct
Call Option to Purchase	$16.1875	2010-06-30	Common Stock, without par value (4012.00)	4012.00	Direct
Call Option to Purchase	$32.2750	2011-06-30	Common Stock, without par value (4315.00)	4315.00	Direct
Call Option to Purchase	$46.1500	2012-06-30	Common Stock, without par value (4667.00)	4667.00	Direct
Call Option to Purchase	$43.2500	2013-06-30	Common Stock, without par value (2000.00)	2000.00	Direct

Footnotes

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