Exhibit 11

CASEY’S GENERAL STORES, INC.

Computation of Per Share Earnings

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

	Three Months Ended January 31,
	2004		2003
Basic earnings per share
Weighted average number of shares outstanding		49,925,479	49,650,045
Net income	$	5,841	7,909
Basic earnings per common share	$	.12	.16
Diluted earnings per share
Weighted average number of shares outstanding		49,925,479	49,650,045
Shares applicable to stock options		225,303	94,423
		50,150,782	49,744,468
Net income	$	5,841	7,909
Diluted earnings per common share	$	.12	.16

CASEY’S GENERAL STORES, INC.

Computation of Per Share Earnings

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

	Nine Months Ended January 31,
	2004		2003
Basic earnings per share
Weighted average number of shares outstanding		49,833,068	49,639,534
Net income	$	35,438	34,251
Basic earnings per common share	$	.71	.69
Diluted earnings per share
Weighted average number of shares outstanding		49,833,068	49,639,534
Shares applicable to stock options		161,478	91,968
		49,994,546	49,731,502
Net income	$	35,438	34,251
Diluted earnings per common share	$	.71	.69