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 1998 1997 1996 ---- ---- ---- (Average share data in thousands) Weighted-average number of common shares outstanding 57,236 57,139 56,712 Dilutive effect of shares issuable as of year-end under stock option plans 2,010 976 243 Adjustment of shares applicable to stock options and stock appreciation rights exercised during the year 588 254 27 ============== ============== ============== Weighted average number of shares on a diluted basis 59,834 58,369 56,982 ============== ============== ============== ============== ============== ============== Net Income $57.2 $35.9 $15.8 ============== ============== ============== ============== ============== ============== Earnings per share of common stock on a diluted basis $.96 $.62 $.28 ============== ============== ============== <FN> (a) All periods prior to November 1, 1996 reflect the adjusted share and option activity of The Dun and Bradstreet Corporation. Options to purchase 1,309,000 shares of common stock at share prices ranging from $26.19 to $27.75 and 1,864,788 shares of common stock at prices ranging from $16.08 to $17.05 per share were outstanding at the end of the years 1998 and 1996, respectively, but were not included in the computation of diluted EPS because the options' exercise price was greater than the average market price of the common shares. </FN>