H&R BLOCK INC — Director's Dealing 2007

Oct 11, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2007-10-01

Reporting Person: West Marc (President, Commercial Markets)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-01	Phantom Stock	A	1.045	$21.7100	Acquired	163.7170	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	17677.7090	Direct
Common Stock, without par value	942.0020	Indirect
Common Stock, without par value	3800.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$24.1450	2014-09-13	Common Stock, without par value (60000.0000)	60000.0000	Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (96000.0000)	96000.0000	Direct
Call Option to Purchase	$23.8600	2016-06-30	Common Stock, without par value (32000.0000)	32000.0000	Direct
Call Option to Purchase	$23.3700	2017-06-30	Common Stock, without par value (100000.0000)	100000.0000	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: Units acquired through dividend reinvestment under the H&R Block Deferred Compensation Plan for Executives, as Amended and Restated. Each unit has the value of one share of Common Stock.

F3: The option vests in three equal annual installments beginning on the first anniversary of the date of grant.