DEL GLOBAL TECHNOLOGIES CORP. AND SUBSIDIARIES
                    COMPUTATION OF EARNINGS PER COMMON SHARE
                   THREE AND SIX MONTHS ENDED FEBRUARY 3, 1996
<TABLE>
<CAPTION>
                                                 Three Months Ended        Six Months Ended
                                                    Feb. 3, 1996             Feb. 3, 1996
                                                    ------------             ------------
                                                              Fully                     Fully
                                                 Primary     Diluted      Primary      Diluted
                                                 -------     -------      -------      -------
<S>                                           <C>          <C>          <C>          <C>
Reconciliation  of net income per
statement of income to amount
used in earnings per share computation:

Net Income .................................. $  633,061   $  633,061   $1,162,627   $1,162,627

Assumed  reduction  of -
     Interest on short-term debt,
     net of tax  effect on
     application  of  assumed
     proceeds from exercise of
     options  subject to
     limitations under the Modified
     Treasury Stock method ...................    16,840            0       39,466       22,626
                                                  ------   ----------       ------       ------

Net income, as adjusted ......................$  649,901   $  633,061   $1,202,093   $1,185,253
                                              ==========   ==========   ==========   ==========
Reconciliation  of weighted average
number of shares  outstanding to
amount used in earnings per share
computation:

Weighted average number of shares
       outstanding: .......................... 4,266,107    4,266,107    4,231,486    4,231,486

Add - shares issuable from assumed
     exercise of options subject to
     limitations under the Modified
     Treasury Stock method ................... 1,000,202    1,009,987    1,015,794    1,020,687
                                               ---------    ---------    ---------    ---------
Weighted average number of shares
     outstanding as adjusted ................. 5,266,309    5,276,094    5,247,280    5,252,173
                                               =========    =========    =========    =========

Net income per common share ..................$      .12   $      .12   $      .23   $      .23      
                                              ==========   ==========   ==========   ==========                   
</TABLE>
The Company utilized the Modified Treasury Stock method for computing net income
per common share.  Under this method, the funds obtained by the assumed exercise
of all options and  warrants  were  applied to  repurchase  common  stock at the
average  market  price but  limited  to an amount of  repurchased  shares to not
greater  than 20 percent  of the then  outstanding  actual  common  shares.  Any
assumed funds still  available after the repurchase of 20 percent of outstanding
actual  common  shares  were  assumed  to be  utilized  to reduce  the  existing
short-term debt.  The adjustment to net income has been shown net of tax effect.



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