AMERICAN ABSORBENTS NATURAL PRODUCTS, INC.
EXHIBIT 1 - STATEMENT RE: COMPUTATION OF
EARNINGS (LOSS) PER SHARE
Basic earnings per share represents net earnings (loss) divided by the
weighted-average number of common shares outstanding for the period. Diluted
earnings per share represents net earnings (loss) divided by the
weighted-average number of shares outstanding, inclusive of the dilutive impact
of common stock equivalents.
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<CAPTION>
Third Quarter (three months)
Nine Months Ended Ended
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October 31, 2000 October 31, 1999 October 31, 2000 October 31, 1999
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<S> <C> <C> <C> <C>
Basic and Diluted:
Average Shares Outstanding 5,520,622 6,134,087 6,424,818 4,540,524
Net Loss $ (709,575) $ (674,452) $ 400,106 $ (243,632)
Earnings (Loss) Per Share $ (0.13) $ (0.11) $ 0.06 $ (0.05)
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