LEGGETT & PLATT, INCORPORATED AND SUBSIDIARIES Exhibit 11 COMPUTATIONS OF EARNINGS PER SHARE (Amounts in millions, except per share data) 				 Six Months Ended Three Months Ended 			 June 30, June 30, 				 ----------------	 ------------------ 			 1997 1996 1997 1996 				 ------ ------ ------ ------ EARNINGS PER SHARE Weighted average number of common shares outstanding 92.7 89.1 93.1 89.4 Dilution from outstanding stock options-computed using the "treasury stock" method 2.2 1.6 2.1 1.9 		 		 ------ ------ 	------	 ------ Weighted average number of common shares outstanding as adjusted 	 94.9 90.7	 95.2	 91.3 			 	 ====== ======	 ======	 ====== Net Earnings Before Extraordinary Item 	 	 $ 100.4 $ 64.3 $ 52.0 	 $ 26.6 		 	 ====== ====== ====== ====== Net Earnings 		 	 $ 100.4 $ 51.8 $ 52.0 $ 14.1 	 			 ====== ====== ====== ====== Earnings Per Share Net Earnings Before Extraordinary Item 		 $ 1.06 $ .71 $ .55 $ .29 			 	 ====== ====== ====== ======	 Net Earnings 			 $ 1.06 $ .57 $ .55 $ .15 			 	 ====== ====== ====== ======