The New World Power Corporation
COMPUTATION OF EARNINGS PER COMMON SHARE
(Unaudited)
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For The Three Months For The Nine Months
Ended September 30, Ended September 30,
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2000 1999 2000 1999
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BASIC EARNINGS:
Net Income $ 925,663 $ 152,397 $ 1,083,467 $ 231,406
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Weighted average number of common shares outstanding 5,146,625 3,797,912 4,903,246 3,797,912
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BASIC EARNINGS PER COMMON SHARE $ .18 $ .04 $ .22 $ .06
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DILUTED EARNINGS:
Net Income $ 925,663 $ 152,397 $ 1,083,467 $ 231,406
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SHARES:
Weighted average number of common shares outstanding 5,146,625 3,797,912 4,903,246 3,797,912
Stock options 48,718 - 16,239 -
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Weighted average number of common shares
outstanding as adjusted 5,195,343 3,797,912 4,919,485 3,797,912
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DILUTED EARNINGS PER COMMON SHARE $ .18 $ .04 $ .22 $ .06
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