H&R BLOCK INC — Director's Dealing 2008

Jul 3, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2008-07-01

Reporting Person: HALE ROGER W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-01	Common Stock	M	12000	$12.5	Acquired	78301.2178	Direct
2008-07-01	Common Stock	S	12000	$21.55	Disposed	66301.2178	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-01	Call Option to Purchase	$12.5	M	12000	Disposed	2009-06-30	Common Stock (12000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$16.1375	2011-06-30	Common Stock (12000)	12000	Direct
Call Option to Purchase	$21.625	2013-06-30	Common Stock (8000)	8000	Direct
Call Option to Purchase	$23.075	2012-06-30	Common Stock (8000)	8000	Direct
Call Option to Purchase	$23.37	2017-06-30	Common Stock (8000)	8000	Direct
Call Option to Purchase	$23.84	2014-06-30	Common Stock (8000)	8000	Direct
Call Option to Purchase	$23.86	2016-06-30	Common Stock (8000)	8000	Direct
Call Option to Purchase	$29.175	2015-06-30	Common Stock (8000)	8000	Direct

Footnotes

F1: The price used is a weighted average of prices within the range of $21.48 to 21.65. The reporting person will provide full details of the price information reported upon a request from the Commission or any shareholder.