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: FRIGON HENRY F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-08	Phantom Stock	A	55.772	$18.61	Acquired	7013.179	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9523	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$8.0938	2010-06-30	Common Stock (8000)	8000	Direct
Call Option to Purchase	$12.5	2009-06-30	Common Stock (4000)	4000	Direct
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: 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 Directors. Each unit has the value of one share of Common Stock.