Exhibit 12.1

WAL-MART STORES, INC. AND SUBSIDIARIES

Ratio of Earnings to Fixed Charges

	Six Months Ended						Fiscal Year
	July 31,			July 31,			2008			2007			2006			2005			2004
	2008			2007
Income from continuing operations before income taxes and minority interest	$	10,153		$	9,312		$	20,140		$	18,954		$	17,514		$	16,289		$	14,396
Capitalized interest		(48	)		(72	)		(150	)		(182	)		(157	)		(120	)		(144	)
Minority interest		(252	)		(206	)		(406	)		(425	)		(324	)		(249	)		(214	)
Adjusted income before income taxes		9,853			9,034			19,584			18,347			17,033			15,920			14,038
Fixed Charges:
Interest *		1,133			1,048			2,267			2,009			1,603			1,326			1,150
Interest component of rent		205			209			464			368			328			319			306
Total fixed charges		1,338			1,257			2,731			2,377			1,931			1,645			1,456
Income from continuing before income taxes and fixed charges	$	11,191		$	10,291		$	22,315		$	20,724		$	18,964		$	17,565		$	15,494
Ratio of earnings to fixed charges (times)		8.4			8.2			8.2			8.7			9.8			10.7			10.6

* Includes interest on debt and capital leases, amortization of debt issuance costs and capitalized interest.

Certain reclassifications have been made to prior periods to conform to the current period presentation.  In addition, the impact of McLane Company, Inc., a wholly owned subsidiary sold in fiscal 2004, the impact of our South Korean and German operations, disposed of in fiscal 2007, and the impact of our Gazeley operations disposed of in fiscal 2009, have been excluded for all periods presented.