Ampal-american Israel 10-Q 2009 Q2 Quarterly report

Exhibit 11.1

AMPAL-AMERICAN ISRAEL CORPORATION AND SUBSIDIARIES

SCHEDULE SETTING FORTH COMPUTATION OF EARNINGS (LOSS) PER SHARE OF CLASS A STOCK

SIX MONTHS ENDED JUNE 30,	2009			2008
(Dollars in thousands, except per share amounts)	(Unaudited)			(Unaudited)
BASIC AND DILUTED EPS
Net loss as reported	$	(2,210	)	$	(27,645	)
Loss per Class A Share	$	(0.04	)	$	(0.48	)
Weighted average number of shares used in
calculation (in thousands)		56,168			57,722