Exhibit 11
Computation of Per-Share Earnings
Milacron Inc. and Subsidiaries
(Unaudited)

	Three Months Ended
	March 31,
(In thousands, except per-share amounts)	2008			2007
Loss from continuing operations	$	(6,864	)	$	(10,663	)
Loss from discontinued operations		—			(130	)
Net loss	$	(6,864	)	$	(10,793	)
Less preferred dividends		(1,560	)		(1,560	)
Less beneficial conversion feature related to Series B Preferred Stock		(779	)		(779	)
Net loss applicable to common shareholders	$	(9,203	)	$	(13,132	)
Basic and diluted loss per-share (a):
Weighted-average common shares outstanding		5,227			4,897
Per-share amount:
Continuing operations	$	(1.76	)	$	(2.66	)
Discontinued operations		—			(.02	)
Net loss	$	(1.76	)	$	(2.68	)

(a) In both 2008 and 2007, the 5.7 million common shares into which the 6% Series B Convertible Preferred Stock is convertible are excluded because their inclusion would result in a smaller loss per common share, as are potentially dilutive restricted shares.