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Exhibit 11

Hispanic Broadcasting Corporation and Subsidiaries

Statement Regarding Computation of Per Share Earnings

(in thousands except per share data)

		Year Ended December 31,
		2001		2000		1999		1998		1997
Earnings:
Income from continuing operations		$	30,969	$	41,531	$	34,176	$	26,884	$	18,772
Preferred stock dividends			—		—		—		—		—
Net income applicable to common stockholders		$	30,969	$	41,531	$	34,176	$	26,884	$	18,772
Earnings Per Share:
	Basic	$	0.28	$	0.38	$	0.34	$	0.27	$	0.23
	Diluted	$	0.28	$	0.38	$	0.33	$	0.27	$	0.22
Number of Shares On Which Net Income Per Share Is Based:
Weighted average common shares before dilutive effect of common stock equivalents			108,872		108,858		101,566		98,042		83,342
Common stock equivalents:
	Stock options		733		1,514		1,347		635		242
	Employee Stock Purchase Plan		12		16		14		18		—
Weighted average common shares			109,617		110,388		102,927		98,695		83,584

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Hispanic Broadcasting Corporation and Subsidiaries Statement Regarding Computation of Per Share Earnings (in thousands except per share data)