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H&R Block says sets Wal-Mart kiosk license deal

Wed Aug 22, 2007 5:35pm EDT

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NEW YORK, Aug 22 (Reuters) - H&R Block Inc (HRB.N) said on Wednesday that it had reached an agreement with Wal-Mart Stores Inc (WMT.N) under which the tax preparation firm will operate tax preparation offices in certain of the discount retailer's stores.

The agreement expires on May 30, 2009, though either party may terminate it between April 16 and May 1 of each year. Otherwise, it will be automatically renewed for a year once the initial term expires.

(Reporting by Christian Plumb)

((Editing by Phil Berlowitz; Reuters Messaging: christian.plumb.reuters.com@reuters.net +1 646 223 6134)) Keywords: H&RBLOCK WALMART/

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