H&R BLOCK INC — Director's Dealing 2007

Dec 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2007-12-03

Reporting Person: SHULMAN BECKY S (Sr Vice President & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-03	Common Stock, without par value	A	10275	$19.4600	Acquired	25920.0000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$17.5400	2011-08-07	Common Stock, without par value (40000.0000)	40000.0000	Direct
Call Option to Purchase	$23.0750	2012-06-30	Common Stock, without par value (40000.0000)	40000.0000	Direct
Call Option to Purchase	$21.6250	2013-06-30	Common Stock, without par value (32000.0000)	32000.0000	Direct
Call Option to Purchase	$23.8400	2014-06-30	Common Stock, without par value (32000.0000)	32000.0000	Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (40000.0000)	40000.0000	Direct
Call Option to Purchase	$23.8600	2016-06-30	Common Stock, without par value (31405.0000)	31405.0000	Direct
Call Option to Purchase	$23.3700	2017-06-30	Common Stock, without par value (41945.0000)	41945.0000	Direct

Footnotes

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

F2: Options vest in three equal annual installments beginning on the first anniversary of the date of grant.