EXHIBIT 11 Fine Host Corporation Computation of Per Share Loss (dollars in thousands) Fiscal Year Ended ---------------------------------------- December 25, 1996 December 25, 1995 (as restated) (as restated) ----------------- ----------------- Loss applicable to Common Stock ................ $ (4,441) $ (2,709) Accretion to redemption value of warrants ...... (1,300) (900) ----------- --------- Net loss available to Common Stockholders .................... $ (5,741) $ (3,609) ----------- --------- ----------- --------- Average number of common shares outstanding .... 4,137,361 2,048,200 Average convertible preferred shares outstanding -- -- Assumed conversion of: $4.93 Warrants ....................... -- -- $ 01 Warrants ....................... -- -- $4.93 Options ........................ -- -- $6.43 Options ........................ -- -- $7.14 Options ........................ -- -- $12.00 Options ....,................... -- -- $14.625 Options ....................... -- -- $15.625 Options ....................... -- -- ----------- --------- 4,137,361 2,048,200 ----------- --------- ----------- --------- Loss per share of Common Stock ..................... $ (1.39) $ (1.76) ----------- --------- ----------- ---------