NOTE 10 - LOSS PER SHARE

Loss per share has been computed based on the weighted-average number of shares outstanding. The following table sets forth the computation of basic and diluted loss per share for the periods indicated:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(Dollars in thousands, except per share amounts)	2011			2010			2011			2010
Loss from continuing operations	$	(5,848	)	$	(10,079	)	$	(7,616	)	$	(15,700	)
Loss attributable to noncontrolling interest		(101	)		-			(61	)		-
Loss from continuing operations attributable to Signature Group Holdings, Inc.		(5,747	)		(10,079	)		(7,555	)		(15,700	)
Loss from discontinued operations, net of income taxes		(408	)		(1,542	)		(2,813	)		(6,277	)
Net loss attributable to Signature Group Holdings, Inc.	$	(6,155	)	$	(11,621	)	$	(10,368	)	$	(21,977	)

Weighted-average basic and diluted shares outstanding		112,104,768			85,651,138			112,104,768			81,990,158

Basic and diluted loss per share:
Continuing operations	$	(0.05	)	$	(0.12	)	$	(0.07	)	$	(0.19	)
Discontinued operations		-			(0.02	)		(0.02	)		(0.08	)
Basic and diluted net loss per share	$	(0.05	)	$	(0.14	)	$	(0.09	)	$	(0.27	)

For the three months ended June 30, 2011 and 2010, 140,867 and zero shares, respectively, were excluded from the computation of diluted loss per share as their impact would have been antidilutive. For the six months ended June 30, 2011 and 2010, 617,621 and zero shares, respectively, were excluded from the computation of diluted loss per share as their impact would have been antidilutive.