Option One CFO to Present at the UBS Global Financial Services Conference

May 3, 2005

KANSAS CITY, Mo.--(BUSINESS WIRE)--May 3, 2005--H&R Block Inc. (NYSE:HRB) announced today that Option One Chief Financial Officer Bill O'Neill will discuss the company's view of the challenges and opportunities within the non-prime mortgage marketplace when he participates in an industry panel discussion at the UBS Global Financial Services Conference, 12:20 p.m. (ET), May 10, 2005, in New York City.

Participants can access the listen-only audio webcast of the conference at http://www.hrblock.com/about/investor/. To participate, click on the "UBS Global Financial Services Conference Webcast" link. Webcast participants are encouraged to log on 15 to 20 minutes in advance to ensure a good connection and software compatibility.

Replays of the audio webcast will be available through June 11, 2005, at http://www.hrblock.com/about/investor/.

About H&R Block

Celebrating its 50th anniversary in 2005, H&R Block is the world's largest tax services provider, having served more than 400 million clients since 1955. The sixth largest retailer in the world, H&R Block has more than 12,000 locations serving taxpayers primarily in the United States, Canada and Australia.

H&R Block's subsidiaries deliver tax services and financial advice, investment and mortgage services, and business accounting and consulting services. H&R Block Financial Advisors Inc. offers investment services and securities products. With approximately 1,000 financial advisors serving clients at approximately 270 locations, H&R Block Financial Advisors is a member NYSE, SIPC, a registered broker-dealer and investment advisor. H&R Block Inc. is not a registered broker-dealer and is not a registered investment advisor. H&R Block Mortgage Corp. offers a full range of retail mortgage services. Option One Mortgage Corp. provides mortgage services and offers wholesale mortgages through large financial institutions and a network of approximately 25,000 independent mortgage brokers. RSM McGladrey Business Services Inc. and its subsidiaries serve mid-sized businesses and their owners with tax, accounting and business consulting services, as well as personal wealth management services. H&R Block Small Business Resources is a new business currently operating in 14 U.S. cities that serves the tax, financial and business needs of small business owners. H&R Block Small Business Resources is not a licensed CPA firm. For more information about the company, visit our Online Press Center at www.hrblock.com.

CONTACT: H&R Block Inc.
Investor Relations:
Pam Kearney, 816-932-1967
or
Media Relations:
Linda McDougall, 816-932-7542
SOURCE: H&R Block Inc.