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EXHIBIT 11
ReliaStar Financial Corp.
Computation of Per Share Earnings
(in millions, except per share amounts)
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Three Months Six Months
Ended June 30 Ended June 30
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2000 1999 2000 1999
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<S> <C> <C> <C> <C>
NUMERATOR - BASIC AND DILUTED
Net Income $ 59.3 $ 71.7 $ 133.4 $ 136.1
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DENOMINATOR
Weighted Average Common Shares Outstanding
During the Period (Basic) 89.9 87.9 89.6 88.4
Dilutive Effect of Stock Options 1.4 1.0 1.1 1.1
Other .1 .1 .1 .1
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Weighted Average Common Shares During the Period (Diluted) 91.4 89.0 90.8 89.6
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NET INCOME PER COMMON SHARE
Basic $ .66 $ .82 $ 1.49 $ 1.54
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Diluted $ .65 $ .81 $ 1.47 $ 1.52
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