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EXHIBIT 11
SMARTIRE SYSTEMS INC.
COMPUTATION OF LOSS PER SHARE
<TABLE>
<CAPTION>
Three Months Ended
October 31, October 31,
2000 1999
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<S> <C> <C>
($000's except per share data)
Net loss 2,026 1,995
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Weighted average number
of common shares 14,552,585 11,209,530
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Basic loss per share .14 .18
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</TABLE>
The stock options and warrants outstanding are anti-dilutive. Accordingly,
diluted loss per share does not differ from basic loss per share for the years
presented herein.
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