EXHIBIT 11.1 DUKE-WEEKS REALTY CORPORATION EARNINGS TO FIXED CHARGES CALCULATION (in thousands) DECEMBER 31, 1999 ------------ CONSOLIDATED NET INCOME AVAILABLE FOR COMMON SHARES $139,636 DIVIDENDS ON PREFERRED SHARES 42,604 EARNINGS FROM LAND AND DEPRECIATED PROPERTY SALES (10,013) MINORITY INTEREST IN EARNINGS OF COMMON UNITHOLDERS 19,811 INTEREST EXPENSE 86,757 ------- EARNINGS BEFORE FIXED CHARGES $278,795 ======= INTEREST EXPENSE $ 86,757 DIVIDENDS ON PREFERRED SHARES 42,604 INTEREST COSTS CAPITALIZED 26,017 ------- TOTAL FIXED CHARGES $155,378 ======= FIXED CHARGE RATIO 1.79 =======