Exhibit 11

CALCULATION OF EARNINGS PER SHARE
Gannett Co., Inc. and Subsidiaries
Unaudited, in thousands of dollars (except per share amounts)

		Thirteen weeks ended
		Mar. 30, 2003		Mar. 31, 2002
Basic earnings:
	Net income	$	249,836	$	243,563
	Weighted average number of common shares outstanding		268,179		266,182
	Earnings per share — basic	$	0.93	$	0.92
Diluted earnings:
	Net income	$	249,836	$	243,563
	Weighted average number of common shares outstanding		268,179		266,182
	Dilutive effect of outstanding stock options and stock incentive rights		1,880		2,364
	Weighted average number of shares outstanding, as adjusted		270,059		268,546
	Earnings per share — diluted	$	0.93	$	0.91