1




                                                                   Exhibit 11.01



                            GENERAL HOST CORPORATION

                   ADDITIONAL EARNINGS PER SHARE INFORMATION

             FISCAL YEARS ENDED JANUARY 26, 1997, JANUARY 28, 1996
                              AND JANUARY 29, 1995
                    (In thousands, except per share amounts)






                                                 1996         1995          1994  
                                               --------     --------      --------
                                                                
Earnings (loss) for full dilution:
  Income (loss) from continuing operations    $(10,740)     $ (4,339)     $  8,585    
  Add interest on 8% Convertible Debentures,                                          
    net of tax effect                            5,200         5,200         5,200    
                                              --------      --------      --------    
  Income (loss) from continuing operations,                                           
    as adjusted                                 (5,540)          861        13,785    
  Loss from discontinued operations                           (3,000)                 
                                              --------      --------      --------    
  Net income (loss), as adjusted              $ (5,540)     $ (2,139)     $ 13,785    
                                              ========      ========      ========    
                                                                                      
                                                                                      
Shares used for calculating                                                           
  primary earnings per share                    24,414        24,416        24,411    
    Additional shares from assumed conversion                                         
    of 8% Convertible Debentures                 7,620         7,620         7,620    
    Additional shares resulting from                                                  
      assumed exercise of stock options              0             0             0    
                                              --------      --------      --------    
                                                32,034        32,036        32,031    
                                              ========      ========      ========    
                                                                                      
Fully diluted earnings (loss) per share:                                              
  Income (loss) from continuing operations    $   (.17)     $    .03      $    .43    
  Loss from discontinued operations                             (.10)                 
                                              --------      --------      --------    
  Net income (loss)                           $   (.17)(1)  $   (.07)(1)  $    .43(1) 
                                              ========      ========      ========    




1       This calculation is submitted in accordance with Regulation S-K item 
        601 (b)(11) although it is contrary to paragraph 40 of APB Opinion 15 
        because it produces an anti-dilutive result.