Freedom Holding Corp. Quarterly report pursuant to Section 13 or 15(d)

5. EARNINGS PER SHARE INFORMATION

3 Months Ended

Jun. 30, 2014

The calculation of basic earnings per share is based on the following data:

	Three months ended
	June 30, 2014	June 30, 2013

Net loss	$ (28,701)	$ (543,337)

Basic weighted-average common shares outstanding	55,787,554	55,787,554

Basic loss per common share	$ (0.00)	$ (0.01)

As of June 30, 2014 and 2013 there were no options, warrants, or restricted stock grants outstanding.

The entire disclosure for earnings per share.