H&R BLOCK INC — Director's Dealing 2007

Jul 4, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2007-06-30

Reporting Person: Gokey Timothy C (President, U.S. Tax Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-30	Common Stock, without par value	F	2231	$23.3700	Disposed	31078.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-30	Call Option to Purchase	$23.3700	A	125000	Acquired	2017-06-30	Common Stock, without par value (125000.0000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$24.2350	2014-06-28	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

Footnotes

F1: Balance has been adjusted to exclude Performance Shares previously reported (not reportable).

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