H&R BLOCK INC — Director's Dealing 2007

Sep 18, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2007-09-06

Reporting Person: West Marc (President, Commercial Markets)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	17677.709	Direct
Common Stock, without par value	942.002	Indirect
Common Stock, without par value	3800	Indirect
Phantom Stock	162.672	Direct

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)		Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (48000.0000)		Direct
Call Option to Purchase	$23.8600	2016-06-30	Common Stock, without par value (80000.0000)		Direct
Call Option to Purchase	$23.3700	2017-06-30	Common Stock, without par value (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: The option vests in three equal annual installments beginning on the first anniversary of the date of grant.