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| |  | 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   |      
|                                                                                                  |                                                                                                 |   |         |       |      |   |             |       |  |   |         |