EXHIBIT 11

THE WASHINGTON POST COMPANY
and Subsidiaries

CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK
(Amounts in thousands except per share data)

					Fiscal Year
		2002			2001			2000
Weighted average shares outstanding
	Class A Common		1,722			1,722			1,739
	Class B Common (excluding shares issuable upon exercise of stock options — accounted for below)		7,782			7,764			7,706
Shares used in computation of basic earnings per share			9,504			9,486			9,445
Add — Shares assumed issuable upon exercise of stock options			152			118			93
Deduct — Shares assumed to be purchased for Treasury with proceeds from exercise of stock options			(133	)		(104	)		(78	)
Shares used in computation of diluted earnings per common share			9,523			9,500			9,460
Net income available for common shares		$	203,235		$	228,587		$	135,444
Basic earnings per common share		$	21.38		$	24.10		$	14.34
Diluted earnings per common share		$	21.34		$	24.06		$	14.32