EXHIBIT 11 ACNIELSEN CORPORATION COMPUTATION OF EARNINGS PER SHARE OF COMMON STOCK ON A DILUTED BASIS (a) Dollar Amounts in Millions, Except Per Share Data 1997 1996 1995 (Average share data in thousands) Weighted-average number of common shares outstanding 57,139 56,712 56,507 Dilutive effect of shares issuable as of year-end under stock option plans 976 243 0 Adjustment of shares applicable to stock options and stock appreciation rights exercised during the year 254 27 0 ============== =============== ============= Weighted average number of shares on a diluted basis 58,369 56,982 56,507 ============== =============== ============= ============== =============== ============= Net Income (Loss) $35.9 $15.8 ($ 230.9) ============== =============== ============= ============== =============== ============= Earnings (loss) per share of common stock on a diluted basis $.62 $.28 ($4.09) ============== =============== ============= (b) <FN> (a) All periods prior to November 1, 1996 reflect the adjusted share and option activity of The Dun and Bradstreet Corporation (b) No adjustment required as it would result in anti-dilution </FN>