<PAGE>
EXHIBIT 11
ATALANTA/SOSNOFF CAPITAL CORPORATION
COMPUTATION OF EARNINGS PER SHARE
THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999
(UNAUDITED)
<TABLE>
<CAPTION>
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
------------------------------ ------------------------------
2000 1999 2000 1999
---- ---- ---- ----
<S> <C> <C> <C> <C>
PRIMARY:
Earnings:
Net income $6,501,351 $1,382,892 $14,304,753 $9,465,109
========== ========== =========== ==========
Weighted average common shares
outstanding 9,048,153 9,084,227 9,059,350 9,231,331
Add - common stock equivalents
from in the money options 16,992 9,679 13,118 8,493
------ ----- ------ -----
Dilutive weighted average common
shares outstanding 9,065,145 9,093,906 9,072,468 9,239,824
========= ========= ========= =========
Earnings per common share - basic $0.72 $0. 15 $1.58 $1.03
===== ====== ===== =====
Earnings per common share - diluted $0.72 $0. 15 $1.58 $1.03
===== ====== ===== =====
Antidilutive options -0- 150,000 150,000 200,000
=== ======= ======= =======
Average closing price of the
Company's common stock (ATL) $9.91 $9.11 $9.49 $8.73
===== ===== ===== =====
</TABLE>
See Notes to Condensed Consolidated Financial Statements
19