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<TABLE>
<CAPTION>
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AMERIKING, INC.
CALCULATION OF EPS
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Dec. 28, 1999 to Dec. 29, 1998 to
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Sep. 25, 2000 Sep. 27, 1999
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<S> <C> <C>
INCOME (LOSS) BEFORE EXTRAORDINARY ITEM (4,992,000) 778,000
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Earnings available to stockholders
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Dividends
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Preferred Stock (462,000) (435,000)
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Senior Preferred Stock (4,438,000) (3,925,000)
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Amortization of issuance costs (89,000) (90,000)
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Income (loss) before extraordinary item available to common stockholders (9,981,000) (3,672,000)
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Extraordinary item - loss from early extinguishment of debt (net of taxes) - -
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Income (loss) available to common stockholders (9,981,000) (3,672,000)
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Weighted average number of common shares 902,992 902,992
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Dilutive effect of options and warrants - -
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Weighted average number of common shares outstanding - basic 902,992 902,992
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Net income (loss) per common share before extraordinary item - basic (11.05) (4.07)
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Extraordinary item - basic - -
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Net income (loss) per common share - basic (11.05) (4.07)
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Net income (loss) per common share before extraordinary item diluted (11.05) (4.07)
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Extraordinary item - diluted - -
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Net income (loss) per common share - diluted (11.05) (4.07)
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Weighted average number of common shares basic:
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Original shares 863,290 863,290
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Option shares 9,702 9,702
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Warrant shares - -
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Common stock units 30,000 30,000
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Total 902,992 902,992
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Weighted average number of common shares diluted
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Original shares 863,290 863,290
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Option shares 9,702 9,702
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Warrant shares - -
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Common stock units 30,000 30,000
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Total 902,992 902,992
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