EXHIBIT 12.1

REYNOLDS AMERICAN INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES/DEFICIENCY IN THE
COVERAGE OF FIXED CHARGES BY EARNINGS BEFORE FIXED CHARGES
(Dollars in Millions)
(Unaudited)

	For The Years Ended December 31,
	2007			2006			2005			2004			2003
Earnings before fixed charges:
Income (loss) from continuing operations before income taxes	$	2,073		$	1,809		$	1,416		$	829		$	(3,918	)
Addback (deduct): Loss (income) on equity investment		(13	)		(17	)		(10	)		(9	)		5
		2,060			1,792			1,406			820			(3,913	)
Interest and debt expense		338			270			113			85			111
Interest portion of rental expense		7			8			12			12			12
Earnings (loss) before fixed charges	$	2,405		$	2,070		$	1,531		$	917		$	(3,790	)
Fixed charges:
Interest and debt expense	$	338		$	270		$	113		$	85		$	111
Interest portion of rental expense		7			8			12			12			12
Total fixed charges	$	345		$	278		$	125		$	97		$	123
Ratio of earnings to fixed charges		7.0			7.4			12.2			9.5			—
Deficiency in the coverage of fixed charges by earnings before fixed charges	$	—		$	—		$	—		$	—		$	(3,913	)