EXHIBIT 11.2
                                                                                
                         NEWBRIDGE NETWORKS CORPORATION

                       COMPUTATION OF EARNINGS PER SHARE

        (Accounting principles generally accepted in the United States)
         (Canadian dollars, amounts in thousands except per share data)
                                  (Unaudited)


  
                                                         Fiscal quarter ended
                                                         --------------------
                                                          July 28,   July 30,
Earnings per share (U.S. GAAP) - Primary                    1996       1995
                                                          --------   --------
                                                                 
  Net earnings                                            $60,801    $37,112
                                                           ======     ======
 
  Weighted average number of Common Shares
    outstanding during the period                          84,614     82,557
 
  Net effect of dilutive stock options
    based on the treasury stock method                      2,851      1,867
                                                           ------     ------
 
  Weighted average number of Common
    Shares and equivalents outstanding
    during the period                                      87,465     84,424
                                                           ======     ======
 
  Earnings per share (U.S. GAAP) - Primary                $  0.70    $  0.44
                                                           ======     ======
 
Earnings per share (U.S. GAAP) - Fully Diluted
 
  Net earnings                                            $60,801    $37,112
                                                           ======     ======
 
  Weighted average number of Common Shares
    outstanding during the period                          84,614     82,557
 
  Net effect of dilutive stock options
    based on the treasury stock method                      2,851      1,867
                                                           ------     ------
 
  Weighted average number of Common
    Shares and equivalents outstanding
    during the period                                      87,465     84,424
                                                           ======     ======
 
  Earnings per share (U.S. GAAP) - Fully diluted          $  0.70    $  0.44 
                                                           ======     ======
Earnings per share expressed in U.S. Dollars
 
  Daily average exchange rate of a Canadian dollar for U.S.
    dollars as reported by the Federal Reserve Bank of 
    New York                                              $0.7309    $0.7320
 
  Earnings per share (U.S. GAAP) - Primary, in U.S. 
    dollars                                               $  0.51    $  0.32
                                                           ======     ======
 
  Earnings per share (U.S. GAAP) - Fully diluted, in U.S.
    dollars                                               $  0.51    $  0.32
                                                           ======     ======
 



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