H&R BLOCK INC — Director's Dealing 2007

Apr 18, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2007-04-16

Reporting Person: SERATI TAMMY S (Senior VP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-16	Common Stock, without par value	J	7.365	$21.2600	Acquired	20611.2367	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$19.5150	2012-12-02	Common Stock, without par value (40000.0000)	40000.0000	Direct
Call Option to Purchase	$21.6250	2013-06-30	Common Stock, without par value (28000.0000)	28000.0000	Direct
Call Option to Purchase	$23.8400	2014-06-30	Common Stock, without par value (28000.0000)	28000.0000	Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (26000.0000)	26000.0000	Direct
Call Option to Purchase	$23.8600	2016-06-30	Common Stock, without par value (30000.0000)	30000.0000	Direct

Footnotes

F1: Units acquired 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.