STATEMENT OF CALCULATION OF OUTSTANDING SHARES

Published on March 31, 1999




EXHIBIT 11


BARRETT BUSINESS SERVICES, INC.
STATEMENT OF CALCULATION OF BASIC
AND DILUTED COMMON SHARES OUTSTANDING

Year Ended
December 31, 1998
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Weighted average number of basic shares outstanding 7,664,016

Stock option plan shares to be issued at prices ranging

from $3.50 to $18.00 per share 712,777

Warrants issued at a price of $4.20 per share 9,643

Less: Assumed purchase at average market price

during the period using proceeds received upon

exercise of options and purchase of stock, and

using tax benefits of compensation due to premature

dispositions (675,539)
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Weighted average number of diluted shares outstanding 7,710,897
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