EXHIBIT KSW, INC. STATEMENT REGARDING COMPUTATION OF NET EARNINGS (LOSS) PER SHARE Six Months Ended Three Months Ended June 30,1996 June 30,1995 June 30,1996 June 30,1995 Net earnings (loss) ($232,000) $ 371,000 $ 2,000 $ 449,000 Weighted average shares 5,429,015 7,800,000 5,429,015 7,800,000 outstanding during the period Common and common stock 182,508 185,603 equivalent shares using the treasury stock method Total shares outstanding for 5,611,523 7,800,000 5,614,618 7,800,000 ========= ========= ========= ========= purposes of calculating primary and fully diluted earnings (loss) per share Primary and fully diluted (.04) .05 0 .06 ===== === == ==== earnings/(loss) per common and common equivalent share