H&R BLOCK INC — Director's Dealing 2008

Jan 10, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2008-01-08

Reporting Person: West Marc (President, Commercial Markets)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-08	Phantom Stock	A	1.242	$18.61	Acquired	164.959	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17677.7901	Direct
Common Stock	947.981	Indirect
Common Stock	3800	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$23.37	2017-06-30	Common Stock (100000)	100000	Direct
Call Option to Purchase	$23.86	2016-06-30	Common Stock (32000)	32000	Direct
Call Option to Purchase	$24.145	2014-09-13	Common Stock (60000)	60000	Direct
Call Option to Purchase	$29.175	2015-06-30	Common Stock (96000)	96000	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.