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RMS TITANIC, INC. Computation of Income (Loss) Per Common Share <TABLE> <CAPTION> For the Years Ended ------------------------------------------------ February 28, February 28, February 29, 1998 1999 2000 -------------- ------------- -------------- <S> <C> <C> <C> Shares outstanding: 16,187,128 16,187,128 16,187,128 Weighted average shares outstanding 16,181,868 16,187,128 16,187,128 Net Income (loss) $ 3,367,000 $ 4,063,000 $ (21,000) Earnings per per common share $ .21 $ .25 $ - </TABLE>
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