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EXHIBIT 11
SMARTIRE SYSTEMS INC.
COMPUTATION OF INCOME (LOSS) PER SHARE
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Three Months Ended Nine Months Ended
April 30, April 30, April 30, April 30,
2000 1999 2000 1999
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<S> <C> <C> <C> <C>
($000's except per share data)
Net income (loss) 9,615 (10,102) 4,799 (14,569)
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Weighted average number
of common shares 13,858,190 9,810,100 12,713,247 9,751,545
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Basic income (loss) per share .69 (1.02) .38 (1.49)
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Fully diluted weighted average
number of common shares 15,094,518 9,810,100 13,698,425 9,751,545
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Fully diluted income (loss) per share .64 (1.02) .36 (1.49)
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