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
	2004			2003			2002
Weighted average shares outstanding
Class A Common		1,722			1,722			1,722
Class B Common (excluding shares issuable upon exercise of stock options – accounted for below)		7,841			7,808			7,782
Shares used in computation of basic earnings per share		9,563			9,530			9,504
Add – Shares assumed issuable upon exercise of stock options		119			138			152
Deduct – Shares assumed to be purchased for Treasury with proceeds from exercise of stock options		(90	)		(113	)		(133	)
Shares used in computation of diluted earnings per common share		9,592			9,555			9,523
Net income available for common shares	$	331,740		$	240,061		$	203,235
Basic earnings per common share	$	34.69		$	25.19		$	21.38
Diluted earnings per common share	$	34.59		$	25.12		$	21.34