Exhibit 12.1

Seagate Technology and Its Predecessor

Computation of Ratio of Earnings to Fixed Charges

(In millions, except for ratio of earnings to fixed charges)

	Predecessor									Seagate Technology
	Fiscal Year Ended						July 1, 2000 to Nov. 22, 2000			Nov. 23 2000 to June 29, 2001			Fiscal Year Ended June 28, 2002			Fiscal Year Ended June 27, 2003
	July 2, 1999			June 30, 2000
Earnings:
Income (loss) before income taxes	$	275		$	641		$	(618	)	$	(101	)	$	239		$	660
Add back fixed charges:
Interest expense		48			52			24			54			69			47
Amortization of debt discount and debt issuance costs		—			—			—			5			8			3
Interest portion of rent expense		16			12			4			5			7			7
Adjusted earnings	$	339		$	705		$	(590	)	$	(37	)	$	323		$	717
Total fixed charges	$	64		$	64		$	28		$	64		$	84		$	57
Ratio of earnings to fixed charges		5.3	x		11.0	x								3.8	x		12.6	x
Deficiency of earnings to fixed charges							$	(590	)	$	(37	)