H&R BLOCK INC — Director's Dealing 2007

Oct 19, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2007-10-17

Reporting Person: TRUBECK WILLIAM L (Executive VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-17	Phantom Stock	A	27.269	$21.7100	Acquired	1728.1170	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	34883.5162	Direct
Common Stock, without par value	791.4100	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$24.9050	2014-10-04	Common Stock, without par value (100000.0000)	100000.0000	Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (100000.0000)	100000.0000	Direct
Call Option to Purchase	$23.8600	2016-06-30	Common Stock, without par value (125000.0000)	125000.0000	Direct
Call Option to Purchase	$23.3700	2017-06-30	Common Stock, without par value (125000.0000)	125000.0000	Direct

Footnotes

F1: Shares of stock units are held in the H&R Block Deferred Compensation Plan for Executives or the H&R Block Deferred Compensation Plan for Directors. Each unit has the value of one share of Common Stock.

F2: The option vests in three equal annual installments beginning on the first anniversary of the date of grant.