Exhibit 11 Computation of Per Share Earnings Milacron Inc. and Subsidiaries (Unaudited)
(In thousands, except per-share amounts)	Three Months Ended March 31,
	2001			2000
Net earnings	$	3,508		$	15,077
Less preferred dividends		(60	)		(60	)
Net earnings available to common shareholders	$	3,448		$	15,017
Basic earnings per share:
Weighted-average common shares outstanding		33,225			36,149
Per share amount	$	.10		$	.42
Diluted earnings per share:
Weighted-average common share outstanding		33,225			36,149
Dilutive effect of stock options and restricted
shares based on the treasury stock method		198			87
Total		33,423			36,236
Per share amount	$	.10		$	.41

Note: This computation is required by Regulation S-K, Item 601, and is filed as an exhibit under Item 6 of Form 10-Q.

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