Exhibit 11            COMPUTATION OF EARNINGS PER SHARE
                      Fluke Corporation and Subsidiaries

<CAPTION
                                     QUARTER ENDED          THREE QUARTERS ENDED
                                  1/23/98      1/24/97      1/23/98      1/24/97
                                                            

Total shares outstanding at
  beginning of the period      18,332,592   17,401,680   18,092,960   17,305,910
  
Weighted average of shares
  issued under employee 
  stock plans                       5,982       15,634      166,734       74,580
  
Weighted average 
  shares outstanding           18,338,574   17,417,314   18,259,694   17,380,490
  
Effect of Dilutive 
  Stock Options                   541,409      475,566      601,951      375,108
  
Weighted average shares
  and share equivalents
  outstanding                  18,879,983   17,892,880   18,861,645   17,755,598
  
Earnings Per Share
  Basic                         $    0.41    $    0.43     $   1.18     $   1.12
  Diluted                       $    0.40    $    0.41     $   1.14     $   1.09

Net Income (in thousands)       $   7,522    $   7,422     $ 21,579     $ 19,385