Exhibit 11
Earnings Per Share
CORN PRODUCTS INTERNATIONAL, INC.
Computation of Net Income
Per Share of Common Stock
| Three Months Ended | Nine Months Ended | ||||||||
| (All figures are in millions except per share data) | September 30, 2003 | September 30, 2003 | |||||||
| Average shares outstanding – Basic | 36.0 | 35.9 | |||||||
| Effect of dilutive securities: | |||||||||
| Stock options | 0.3 | 0.2 | |||||||
| Average shares outstanding – Assuming dilution | 36.3 | 36.1 | |||||||
| Net income | $ | 20.0 | $ | 51.9 | |||||
| Earnings per share: | |||||||||
| Basic | $ | 0.55 | $ | 1.44 | |||||
| Dilutive | $ | 0.55 | $ | 1.44 | |||||
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