EXHIBIT 11 STANFORD MANAGEMENT LTD. Statement re: Computation of Share Earnings Stanford has 2,358,500 common shares outstanding as at May 31, 2003 (*) Accumulated loss as at May 31, 2003 $ 86,416 ---------- Loss per share - based on outstanding shares $ 0.0366 --------- (*) There have been no shares issued since May 31, 2003.