EXHIBIT 11 STANFORD MANAGEMENT LTD. Statement re: Computation of Share Earnings Stanford has 2,358,500 common shares outstanding as at August 31, 2003 (*) Accumulated loss as at August 31, 2003 $ 98,072 -------- Loss per share - based on outstanding shares $ 0.0416 -------- (*) There have been no shares issued since August 31, 2003.