Exhibit 11

CT COMMUNICATIONS, INC.
AND SUBSIDIARIES

Computation of Earnings Per Share
(in thousands, except per share data)

	Three months ended				Nine months ended
	September 30,				September 30,
	2004		2003		2004		2003
Computation of share totals used in computing earnings per share:
Basic weighted average number of shares outstanding		18,877		18,765		18,862		18,740
Incremental shares arising from outstanding stock options		177		88		148		51
Total weighted average number of diluted shares outstanding		19,054		18,853		19,010		18,791
Income from continuing operations	$	2,471	$	3,149	$	10,072	$	16,413
Loss from discontinued operations		—		—		—		(424	)
Net income	$	2,471	$	3,149	$	10,072	$	15,989
Net income for common stock	$	2,466	$	3,144	$	10,057	$	15,974
Basic earnings (loss) per share:
Continuing operations	$	0.13	$	0.17	$	0.53	$	0.88
Discontinued operations		—		—		—		(0.02	)
Net income for common stock		0.13		0.17		0.53		0.85
Diluted earnings (loss) per share:
Continuing operations	$	0.13	$	0.17	$	0.53	$	0.87
Discontinued operations		—		—		—		(0.02	)
Net income for common stock		0.13		0.17		0.53		0.85