1 EXHIBIT 11 SMARTIRE SYSTEMS INC. COMPUTATION OF LOSS PER SHARE Three Months Ended Six Months Ended January 31, January 31, January 31, January 31, 2000 1999 2000 1999 - ----------------------------------------------------------------------------------------------- ($000's except per share data) Net loss 2,821 2,657 4,816 4,467 - ---------------------------------------------------------------------------------------------- Weighted average number Of common shares 12,553,280 9,532,424 11,591,614 9,458,174 - ---------------------------------------------------------------------------------------------- Basic loss per share .22 .28 .42 .47 - ---------------------------------------------------------------------------------------------- The stock options and warrants outstanding are anti-dilutive. Accordingly, diluted loss per share does not differ from basic loss per share for the years presented herein.