H&R BLOCK INC — Director's Dealing 2007

Dec 5, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2007-11-28

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	15645	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$17.5400	2011-08-07	Common Stock, without par value (20000.0000)		Direct
Call Option to Purchase	$23.0750	2012-06-30	Common Stock, without par value (20000.0000)		Direct
Call Option to Purchase	$21.6250	2013-06-30	Common Stock, without par value (16000.0000)		Direct
Call Option to Purchase	$23.8400	2014-06-30	Common Stock, without par value (16000.0000)		Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (20000.0000)		Direct
Call Option to Purchase	$23.8600	2016-06-30	Common Stock, without par value (31405.0000)		Direct
Call Option to Purchase	$23.3700	2017-06-30	Common Stock, without par value (41945.0000)		Direct

Footnotes

F1: Options vest in three equal annual installments beginning on the first anniversary of the date of grant.