MOORE CORPORATION LIMITED EXHIBIT 11 - CALCULATION OF EARNINGS AND EARNINGS PER SHARE UNDER UNITED STATES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (Expressed in United States currency) 1999 1998 1997 ---- ---- ---- Net earnings (loss) as determined under United States generally accepted accounting principles (000's)(1) $ 72,884 $ (454,142) $ (1,206) ======================= ======================= ======================= Weighted average number of shares outstanding - Basic 88,456,940 88,455,512 93,200,395 - Diluted 89,209,291 89,013,151 93,611,677 Earnings (loss) per share - Basic $ 0.82 $ (5.13) $ (0.01) ======================= ======================= ======================= - Diluted $ 0.82 $ (5.13) $ (0.01) ======================= ======================= ======================= (1) Refer to Note 25 of the Notes to the Consolidated Financial Statements on pages 47 to 51 of the Moore Corporation Limited 1999 Annual Report to Shareholders. E-1