H & R Block Inc. http://www.alacrastore.com/company-snapshot/H_R_Block_Inc-1002216 Friday, October 10, 2008 11:29:55 PM 1002216 H & R Block Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/B1923064ccbn/B1923064norm...HRB reported #Q## net loss (inclusive of discontinued operations) of $###m or $#.## per share and net loss from continuing operations of $###m or $#.## per share. Expects FY## EPS to be $#.##-#.##. ... 9/3/2008 9:04:00 PMH&R Block, Inc.54.0000EditedH&R Block, Inc. Q1 2009 Earnings Conference Call SummaryHRB3:30pm CTBriefB1923064Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/fitch/399552_report_framefitch/399552_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Accenture LtdAdvanced Micro Devices, Inc.Affiliated Computer Services, Inc.Agilent Technologies, Inc.Anixter Inc.Arrow Electronics, Inc.Avnet, Inc.Broadridge Financial Solutions, Inc.CA, Inc.Celestica Inc.Computer Sciences CorporationConvergys CorporationCorning Inc.Dell Inc.Eastman Kodak CompanyElectronic Data Systems, LLCFidelity National Information Services IncFirst Data CorporationFlextronics International, Ltd.Freescale Semiconductor, Inc.H & R Block Inc.Hewlett-Packard CompanyIngram Micro, Inc.International Business Machines CorpInternational Rectifier CorporationJabil Circuit, Inc.KLA-Tencor CorporationMoneygram International IncMotorola, Inc.Oracle CorporationSanmina-SCI CorporationSeagate Technology HDD HoldingsSpansion IncSun Microsystems, Inc.SunGard Data Systems Inc.Tech Data CorporationTexas Instruments IncorporatedThe Western Union CompanyTyco Electronics Ltd.Unisys CorporationXerox Corporation8008917480089181800892268008927980089339800902568009029780090938800910018009105680091071800910808009111880091181800911848009154880092142803624268059981780672779806806238069617980932631812172988142405481532292816542828178566981874137821574678264267582728699827821178354949383655067838166658384466585135473857998738687074087131576872067729/3/2008 6:33:00 PM0100000001010000010300000103050001040000275Special ReportAACNACSAMDARWAVTBRCACLSCSCCVGDELLEKFISFLEXGLWHPQHRBIBMIMIRFJAVAJBLKLACMGIMOTORCLSANMSPSNTECDTELTXNUISWUXRX399552_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/ccbn/T1923064ccbn/T1923064norm...Good day, ladies and gentlemen. Welcome to the first quarter #### H&R Block Incorporated earnings call. My name is Eric, and I will be your coordinator for today. At this time, all participants are in a listen-only mode. We will facilitate a question and answer session towards the end of the conference. (OPERATOR INSTRUCTIONS). I would now like to turn the presentation over to Scott Dudley, Vice President of Communications and Investor Relations. Please proceed.... 9/3/2008 6:04:00 PMH&R Block, Inc.54.0000FinalH&R Block, Inc. Q1 2009 Earnings Conference Call TranscriptHRB3:30pm CTTranscriptT1923064Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/newstex/MW-0001-27870136newstex/MW-0001-27870136xml KANSAS CITY, MO, Sep. #, #### (Marketwire delivered by Newstex) -- KANSAS CITY, MO -- (Marketwire) -- ##/##/## -- H&R Block, Inc. (NYSE: HRB) today reported a net loss from continuing operations for the fiscal #### first quarter ended...04000000040060000401600004016048040160010401601804016005040040000400400304009000040090039/3/2008 5:17:26 PM180000001800800018004000180160001802200019000000190010001900102519001016MarketwireMW-0001-27870136H&R BLOCK INCBECKY S SHULMANTimothy C GokeyHRBNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/BW-0001-27834577newstex/BW-0001-27834577xml Sep. #, #### (Business Wire) -- Zacks.com releases the list of companies likely to issue earnings surprises. This weeka€™s list includes Caseya€™s General Stores (Nasdaq: CASY) and Staples (Nasdaq: SPLS). To see more earnings analysis,...0400000004009000040160000401604804016001040160189/2/2008 4:43:08 PM18000000180080001800400018024000180210001900000019001000Business WireBW-0001-27834577H&R BLOCK INCSTAPLES INCHRBSPLSNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/BW-0001-27604040newstex/BW-0001-27604040xml Aug. ##, #### (Business Wire) -- H&R Block Inc. (NYSE: HRB) will report fiscal #### first quarter financial results on Wednesday, September #, ####, after the New York Stock Exchange market closing. At that time, a copy of the press...04000000040160000401604804016001040160188/22/2008 5:20:18 PM180000001800800018004000Business WireBW-0001-27604040H&R BLOCK INCBECKY S SHULMANHRBNewsNewstexhttp://www.alacrastore.com/storecontent/fitch/397586_report_framefitch/397586_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Advanced Micro Devices, Inc.Affiliated Computer Services, Inc.Agilent Technologies, Inc.Anixter Inc.Arrow Electronics, Inc.Avnet, Inc.Broadridge Financial Solutions, Inc.CA, Inc.Celestica Inc.Computer Sciences CorporationConvergys CorporationCorning Inc.Dell Inc.Eastman Kodak CompanyFidelity National Information Services IncFirst Data CorporationFlextronics International, Ltd.Freescale Semiconductor, Inc.H & R Block Inc.Hewlett-Packard CompanyIngram Micro, Inc.International Business Machines CorpInternational Rectifier CorporationJabil Circuit, Inc.KLA-Tencor CorporationMoneygram International IncMotorola, Inc.Oracle CorporationSanmina-SCI CorporationSeagate Technology, Inc.Spansion IncSun Microsystems, Inc.SunGard Data Systems Inc.Tech Data CorporationTexas Instruments IncorporatedThe Western Union CompanyTyco Electronics Ltd.Unisys CorporationXerox Corporation8008918180089226800892798008933980090256800902978009093880091001800910568009107180091080800911188009118180091184800915488009214280362426805998178067277980680623806961798093263181217298814240548153229281654282817856698187413782157467826426758272869983549493836550678384466584522088851354738579987386870740871315768/20/2008 2:19:00 PM0100000001010000010300000103050001040000275Special ReportAACSAMDARWAVTBRCACLSCSCCVGDELLEKFISFLEXGLWHPQHRBIBMIMIRFJAVAJBLKLACMGIMOTORCLSANMSPSNSTXTECDTELTXNUISWUXRX397586_report_frameCredit & Investment ResearchFitch ResearchUS - Ameriprise Financial Inc definitively agreed to acquire H&R Block Financial Advisors Inc, a securities brokerage firm, from H&R Block Inc, for $### mil in cash. The transaction was subject to regulatory approvals.8/14/2008 10:31:36 AM03076C41485V03076C093671Ameriprise Financial IncH&R Block Financial Advisors IncAmeriprise Financial IncH&R Block Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Ameriprise_Financial_Inc_acquires_H_R_Block_Financial_Advisors_from_H_R_Block_Inc-2003962020sdc/20039620202003962020Copyright © 2008, Thomson Financial, All Rights ReservedNew YorkInvestment & Commodity Firms,Dealers,ExchangesUnited StatesInvestment advice6282MNMinnesotaPublicAMP6029:Commercial banks, nec6141:Personal credit institutions6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6399:Insurance carriers, nec6029:Commercial banks, nec6141:Personal credit institutions6282:Investment advice6289:Security and commodity services, nec6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6351:Surety insurance6399:Insurance carriers, necWachtell Lipton Rosen & KatzInvestment & Commodity Firms,Dealers,ExchangesUnited StatesSecurity brokers, dealers, and flotation companies6211MOMissouriSubsidiary456116003Pvd finl planning svcsPvd tax,finl advisory svcsCashCash OnlyAssets696651001Aug 14 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.00000Ameriprise Financial Inc,headquartered in Minneapolis,Minnesota, provides financialplanning services specializingin meeting theretirement-related financialneeds of the mass affluent.The company offers anddistributes an array ofinvestment, banking andlending as well as insuranceprotection products andservices. It was founded in1894.Ameriprise Financial Inc, headquartered in Minneapolis,Minnesota, provides financial planning services specializingin meeting the retirement-related financial needs of themass affluent. The company offers and distributes an arrayof investment, banking and lending as well as insuranceprotection products and services. It was founded in 1894.Ameriprise Financial Inc, headquartered in Minneapolis, Minnesota, provides financial planning services specializing in meeting the retirement-related financial needs of the mass affluent. The company offers and distributes an array of investment, banking and lending as well as insurance protection products and services. It was founded in 1894.1.000002.000003.00000H&R Block Financial AdvisorsInc, located in Missouri, is asecurities brokerage firm.H&R Block Financial Advisors Inc, located in Missouri, is asecurities brokerage firm.H&R Block Financial Advisors Inc, located in Missouri, is a securities brokerage firm.0.000000.000000.000000.00000NU.S. Dollar12 Aug 08Tue, 12 Aug 2008 00:00:00 ESTDate Announced: 08/12/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.00000315 U.S. Dollar315.000000.00000315 U.S. Dollar315.000000.000000.000000.000000.00000315.00000315 U.S. Dollar1.00000N166.201000.000000.000000.000000.000000.00000315.00000315.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000007939.826000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000US - Ameriprise Financial Incdefinitively agreed to acquireH&R Block Financial AdvisorsInc, a securities brokeragefirm, from H&R Block Inc, for$315 mil in cash. Thetransaction was subject toregulatory approvals.US - Ameriprise Financial Inc definitively agreed to acquire H&R Block Financial Advisors Inc, a securities brokerage firm, from H&R Block Inc, for $315 mil in cash. The transaction was subject to regulatory approvals.US - Ameriprise Financial Inc definitively agreed to acquire H&R Block Financial AdvisorsInc, a securities brokerage firm, from H&R Block Inc, for $315 mil in cash. Thetransaction was subject to regulatory approvals.US - Ameriprise Financial Inc definitively agreed to acquire H&R Block Financial Advisors Inc, a securities brokerage firm, from H&R Block Inc, for $315 mil in cash. The transaction was subject toregulatory approvals.US - Ameriprise Financial Inc definitively agreed to acquire H&R Block Financial Advisors Inc, a securities brokerage firm, from H&RBlock Inc, for $315 mil in cash. The transaction was subject to regulatory approvals.$ 315.000 - Banc of America Securities LLC - Adv0.00000Banc of America Securities LLC1.00000Lazard1.00000$ 315.000 - Lazard - Adv0.00000Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006211:Security brokers, dealers, and flotation companies456116003New YorkUnited States6282MinnesotaPublicAMP6021:National commercial banks6211:Security brokers, dealers, and flotation companies6282:Investment advice7291:Tax return preparation services8721:Accounting, auditing, and bookkeeping services22032001New YorkUnited States7291MissouriPublicHRB315.00000315.00000315.00000166.20100Sullivan & CromwellDeal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/fitch/396826_report_framefitch/396826_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Block Financial LLCH & R Block Inc.80091392835494938/13/2008 6:30:00 PM01030500425Full Rating ReportHRB396826_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/spcred/664437spcred/664437normThe latest Summary from S&Pglobalstructured8/11/2008 3:43:00 PM175Summary664437United StatesSpecialized Consumer ServicesUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsResidential MBSSummaryStandard&Poor's Ratings Services' ratings on H&R Block Inc. (Block) are based on the company's solid tax business and strong annual cash-flow generation (from continuing operations), as well as recent leadership changes that have led to renewed focus on core business lines. Negative rating factors include weak capitalization, underperforming ancillary businesses, and the potential for litigation and other risks associated with its discontinued mortgage operations. Block's tax business, which consistently delivers strong annual cash flows ($591.3 million of cash was proved by tax operations in fiscal 2008), continues to maintain a market-leading position in retail tax preparation. The company has historically has been levered conservatively. However, two years of consolidated net losses (totaling more than $700 million) driven byUSA09367125302020 253020 2530 25H&R Block Inc.100278USAHRBSUMMARYUSA09365K09365M09365J09365L09365P09366245103010 451030 4510 45Block Financial LLC201698USA4964ZGLOBISSSTRUCFIRMBSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/664436spcred/664436normThe latest Full Report from S&Pglobalstructured8/11/2008 1:41:00 PM400Full Report664436United StatesSpecialized Consumer ServicesUnited StatesStructured FinanceGlobal IssuersResidential MBSFinancial InstitutionsFull ReportSolid tax business Strong annual cash-flow generation Recent leadership changes, which have led to renewed focus on core business lines Weak capitalization Underperforming ancillary businesses Potential for litigation and other residual risk exposures associated with discontinued mortgage operations Standard&Poor's Ratings Services' ratings on H&R Block Inc. (Block) are based on the company's solid tax business and strong annual cash-flow generation (from continuing operations), as well as recent leadership changes that have led to renewed focus on core business lines. Negative rating factors include weak capitalization, underperforming ancillary businesses, and the potential for litigation and other risks associated with its discontinued mortgage operations. Block's tax business, which consistently delivers strong annual cash flows ($591.3 million of cash was provedUSA09367125302020 253020 2530 25H&R Block Inc.100278USAHRBFULLUSA09365L09365M09365P09366209365J09365K45103010 451030 4510 45Block Financial LLC201698USA4964ZSTRUCGLOBISSRMBSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/662570spcred/662570normThe latest News from S&Pglobalstructured7/31/2008 2:03:00 PM100News662570United StatesSpecialized Consumer ServicesUnited StatesStructured FinanceGlobal IssuersFinancial InstitutionsResidential MBSNewsNEW YORK (Standard&Poor's) July 31, 2008--Standard&Poor's Ratings Services said today that it raised its ratings on H&R Block Inc. (Block), including raising its counterparty credit rating to 'BBB/A-2' from 'BBB-/A-3'. The ratings were removed from CreditWatch Positive, where they were placed May 2, 2008. The outlook is positive. These ratings actions also apply to Block Financial LLC, a wholly owned subsidiary. "The upgrade reflects the positive changes made at Block during the past year, including the exit from the mortgage business, renewed focus on core business lines, and an improved liquidity position," said Standard&Poor's credit analyst Rian M. Pressman, CFA. Block exited the mortgage business in fiscal 2008, discontinuing mortgage originations in January 2008USA09367125302020 253020 2530 25H&R Block Inc.100278USAHRBNEWSUSA09365P09365M09366209365L09365J09365K45103010 451030 4510 45Block Financial LLC201698USA4964ZSTRUCGLOBISSFIRMBSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/662571spcred/662571normThe latest Research Update from S&Pglobalstructured7/31/2008 2:03:00 PM175Research Update662571United StatesSpecialized Consumer ServicesUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsResidential MBSResearch UpdateOn July 31, 2008, Standard&Poor's Ratings Services raised its ratings on H&R Block Inc. (Block), including raising its counterparty credit rating to 'BBB/A-2' from 'BBB-/A-3'. The ratings were removed from CreditWatch Positive, where they were placed May 2, 2008. The outlook is positive. These ratings actions also apply to Block Financial LLC, a wholly owned subsidiary. The upgrade reflects the positive changes made at Block during the past year, including the exit from the mortgage business, renewed focus on core business lines, and an improved liquidity position. Block exited the mortgage business in fiscal 2008, discontinuing mortgage originations in January 2008 and selling its servicing operation as of April 30, 2008. Losses from its subprime mortgage business, formerlyUSA09367125302020 253020 2530 25H&R Block Inc.100278USAHRBRESUPDUSA09365P09366209365J09365K09365M09365L45103010 451030 4510 45Block Financial LLC201698USA4964ZGLOBISSSTRUCFIRMBSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/657418spcred/657418normThe latest News from S&Pglobalstructured7/1/2008 6:31:05 PM100News657418United StatesSpecialized Consumer ServicesUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsResidential MBSNewsNEW YORK (Standard&Poor's) July 1, 2008--Standard&Poor's Ratings Services said today that it is keeping its 'BBB-/A-3' counterparty credit rating on H&R Block Inc. on CreditWatch with positive implications, where it was placed May 2, 2008. The debt ratings on Block Financial LLC, a wholly owned subsidiary, also remain on CreditWatch Positive. The original CreditWatch listing reflected the tangible momentum H&R Block had achieved by exiting the subprime mortgage business and refocusing on its core tax operations. This update follows H&R Block's filing on June 30, 2008, of its fiscal 2008 fourth-quarter and full-year financial results. Favorable performance of the company's Tax Services and Business Services segments drove an increase in earnings from continuing operations. The company'sUSA09367125302020 253020 2530 25H&R Block Inc.100278USAHRBNEWSUSA09365J09365K09365L09365M09365P09366245103010 451030 4510 45Block Financial LLC201698USA4964ZGLOBISSSTRUCFIRMBSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/657419spcred/657419normThe latest Research Update from S&Pglobalstructured7/1/2008 6:31:05 PM175Research Update657419United StatesSpecialized Consumer ServicesUnited StatesGlobal IssuersStructured FinanceResidential MBSFinancial InstitutionsResearch UpdateOn July 1, 2008, Standard&Poor's Ratings Services said that it is keeping its 'BBB-/A-3' counterparty credit rating on H&R Block Inc. on CreditWatch with positive implications, where it was placed May 2, 2008. The debt ratings on Block Financial LLC, a wholly owned subsidiary, also remain on CreditWatch Positive. The original CreditWatch listing reflected the tangible momentum H&R Block had achieved by exiting the subprime mortgage business and refocusing on its core tax operations. This update follows H&R Block's filing on June 30, 2008, of its fiscal 2008 fourth-quarter and full-year financial results. Favorable performance of the company's Tax Services and Business Services segments drove an increase in earnings from continuing operations. The company's consolidated net loss wasUSA09367125302020 253020 2530 25H&R Block Inc.100278USAHRBRESUPDUSA09365J09365K09365L09365M09365P09366245103010 451030 4510 45Block Financial LLC201698USA4964ZGLOBISSSTRUCRMBSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1863359ccbn/B1863359norm...HRB reported FY## revenues from continuing operations of $#.#b, net income from continuing operations of more than $###m and diluted EPS from continuing operations of $#.##. #Q## earnings were more than $###m and EPS was $#.##. Expects FY## diluted EPS from continuing operations of $#.##-#.##. ... 7/1/2008 1:05:00 PMH&R Block, Inc.54.0000EditedQ4 2008 H&R Block, Inc. Earnings Conference Call SummaryHRB7:00am CTBriefB1863359Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1863359ccbn/T1863359norm...Good day, ladies and gentlemen. Welcome to the fourth quarter #### H&R Block earnings conference call. My name is Fab and I'll be your coordinator for today. At this time, all participants are in listen-only mode. We will conduct a question and answer session towards the end of of this conference. (OPERATOR INSTRUCTIONS). As a reminder, this conference is being recorded for replay purposes. I would with now like to turn the presentation over to your host for today's call, Mr. Scott Dudley, Vice President of Communications, Investor Relations. Please proceed. ... 7/1/2008 10:05:00 AMH&R Block, Inc.54.0000FinalQ4 2008 H&R Block, Inc. Earnings Conference Call TranscriptHRB7:00am CTTranscriptT1863359Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/fitch/387558_report_framefitch/387558_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Advanced Micro Devices, Inc.Affiliated Computer Services, Inc.Agilent Technologies, Inc.Anixter Inc.Arrow Electronics, Inc.Avnet, Inc.CA, Inc.Celestica Inc.Computer Sciences CorporationConvergys CorporationCorning Inc.Dell Inc.Eastman Kodak CompanyElectronic Data Systems CorporationFidelity National Information Services IncFidelity Sedgwick Holdings, Inc.First Data CorporationFlextronics International, Ltd.Freescale Semiconductor, Inc.H & R Block Inc.Hewlett-Packard CompanyIngram Micro, Inc.International Business Machines CorpInternational Rectifier CorporationJabil Circuit, Inc.KLA-Tencor CorporationMoneygram International IncMotorola, Inc.Oracle CorporationSanmina-SCI CorporationSeagate Technology HDD HoldingsSpansion IncSun Microsystems, Inc.SunGard Data Systems Inc.Tech Data CorporationTexas Instruments IncorporatedThe Western Union CompanyTyco Electronics Ltd.Unisys CorporationXerox Corporation800891748008918180089226800892798008933980090256800902978009093880091001800910568009107180091080800911188009118180091184800915488009214280362426805998178067277980680623806961798093263181217298814240548153229281654282817856698187413782157467826426758272869982782117835494938365506783816665838446658513547385799873868707405/23/2008 2:15:00 PM0101000001030000010305000103160001040000275Special ReportAACSAMDARWAVTCACLSCSCCVGDELLEDSEKFISFLEXGLWHPQHRBIBMIMIRFJAVAJBLKLACMGIMOTORCLSANMSPSNTECDTELTXNUISWUXRX387558_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/420683_pr_framefitch/420683_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Block Financial LLCH & R Block Inc.80091392835494935/15/2008 2:16:00 PM01030000010305000103160085Press ReleaseHRB420683_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/spcred/646374spcred/646374normThe latest News from S&Pglobalstructured5/3/2008 2:38:52 AM100News646374United StatesSpecialized Consumer ServicesUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsResidential MBSNewsNEW YORK (Standard&Poor's) May 2, 2008--Standard&Poor's Ratings Services said today that it placed its ratings on H&R Block Inc., including its 'BBB-' long-term counterparty credit rating, on CreditWatch with positive implications. This rating action also applies to Block Financial LLC, a wholly owned subsidiary. "The CreditWatch listing is based on the momentum H&R Block has achieved by successfully exiting the subprime mortgage business. Changes in corporate governance have resulted in renewed management focus on H&R Block's core tax operations. The company's liquidity position has also been improved; the reduction in short-term obligations has reduced leverage and improved the term structure of the company's liabilities," said Standard&Poor's credit analyst Rian M. Pressman, CFA. On MayUSA09367125302020 253020 2530 25H&R Block Inc.100278USAHRBNEWSUSA09365J09366209365K09365M09365P09365L45103010 451030 4510 45Block Financial LLC201698USA4964ZGLOBISSSTRUCFIRMBSCredit & Investment ResearchS&P Credit Research