Press Release Details

KANSAS CITY, Mo.--(BUSINESS WIRE)--May 24, 2005--The Board of Directors of H&R Block Inc. (NYSE: HRB) today declared a regular quarterly cash dividend of 22 cents per share, payable July 1, 2005, to shareholders of record on June 10, 2005.

This is the company's 171st consecutive quarterly dividend.

H&R Block will report its fourth quarter and fiscal 2005 financial results on Wednesday, June 8, 2005, after close of market, 4 p.m. EDT (3 p.m. CDT). At that time, a copy of the company's press release will be available on the Web site at www.hrblock.com.

The company will host a conference call for analysts and institutional investors at 5 p.m. EDT (4 p.m. CDT) June 8. Mark A. Ernst, chairman and chief executive officer, Jeff Yabuki, executive vice president and chief operating officer, and Bill Trubeck, executive vice president and chief financial officer, will discuss the quarter and year-end results and future expectations, as well as respond to analysts' questions. To access the call, please dial the number approximately five to 10 minutes prior to the scheduled starting time:

U.S./Canada 888-425-2715
International 706-679-8257

The call will be Webcast in a listen-only format for the media and public. The link to the Webcast can be obtained at www.hrblock.com. Supplemental slides will be available in connection with the Webcast, or can be accessed directly on H&R Block's Investor Relations Web site at www.hrblock.com/about/investor following market close.

A replay of the call will be available beginning at 7 p.m. EDT June 8 until midnight EDT June 17, by dialing 800-642-1687 (U.S./Canada) or 706-645-9291 (International). The replay access code is 5013059. A replay of the Webcast will also be available on the company's Web site at www.hrblock.com through June 30.

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.
Media Relations
Linda McDougall, 816-932-7542
lmcdougall@hrblock.com
or
Investor Relations
Pam Kearney, 816-932-1967
pkearney@hrblock.com
SOURCE: H&R Block Inc.