Exhibit 11

CASEY’S GENERAL STORES, INC.

Computation of Per Share Earnings

(Dollars in Thousands, Except Share and Per Share Amounts)

	Three Months Ended October 31,
	2003		2002
Basic earnings per share
Weighted average number of shares outstanding		49,832,912	49,642,495
Net income	$	15,770	13,445
Basic earnings per common share	$	.32	.27
Diluted earnings per share
Weighted average number of shares outstanding		49,832,912	49,642,495
Shares applicable to stock options		184,277	80,836
		50,017,189	49,723,331
Net Income	$	15,770	13,445
Diluted earnings per common share	$	.32	.27

Exhibit 11

CASEY’S GENERAL STORES, INC.

Computation of Per Share Earnings

(Dollars in Thousands, Except Share and Per Share Amounts)

	Six Months Ended October 31,
	2003		2002
Basic earnings per share
Weighted average number of
shares outstanding		49,798,529	49,634,279
Net income	$	29,597	25,636
Basic earnings per common share	$	.59	.52
Diluted earnings per share
Weighted average number of shares outstanding		49,798,529	49,634,279
Shares applicable to
stock options		167,504	90,478
		49,966,033	49,724,757
Net Income	$	29,597	25,636
Diluted earnings per common share	$	.59	.52