H&R BLOCK INC — Director's Dealing 2006

Apr 27, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2006-04-24

Reporting Person: Nadon Steven (Pres., Consumer Fin'l Services)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	67594	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$12.5000	2009-06-30	Common Stock, without par value (8000)		Direct
Call Option to Purchase	$16.1375	2011-06-30	Common Stock, without par value (26668)		Direct
Call Option to Purchase	$23.0750	2012-06-30	Common Stock, without par value (90000)		Direct
Call Option to Purchase	$21.6250	2013-06-30	Common Stock, without par value (70000)		Direct
Call Option to Purchase	$23.8400	2014-06-30	Common Stock, without par value (70000)		Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (50000)		Direct

Footnotes

F1: Includes restricted shares of Common Stock granted under the H&R Block, Inc. Long-Term Executive Compensation Plan for which the restrictions have not yet lapsed.