Exhibit 12

RR Donnelley & Sons Company

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands, except ratios)

	Years ended December 31,
	2009			2008			2007			2006			2005		2004
Earnings available for fixed charges:
Earnings (loss) from continuing operations before income taxes, noncontrolling interests, and cumulative effect of change in accounting principle	$	93.1		$	(269.3	)	$	91.4		$	601.3		$	331.8	$	356.8
Less: Equity (income) loss of minority-owned companies		(0.3	)		—			—			0.3			0.6		(0.6	)
Add: Dividends received from investees under the equity method		—			—			—			—			—		—
Less: (Income) loss attributable to non-controlling interests		(5.9	)		(6.3	)		(3.3	)		(2.7	)		1.2		0.7
Add: Fixed charges before capitalized interest		305.6			299.0			299.6			183.4			149.4		119.4
Add: Amortization of capitalized interest		4.3			5.0			5.5			4.2			6.1		6.8
Total earnings available for fixed charges	$	396.8		$	28.4		$	393.2		$	786.5		$	489.1	$	483.1
Fixed charges:
Interest expense	$	234.6		$	226.4		$	227.3		$	139.0		$	110.7	$	85.9
Interest portion of rental expense		71.0			72.6			72.3			44.4			38.7		33.5
Total fixed charges before capitalized interest		305.6			299.0			299.6			183.4			149.4		119.4
Capitalized interest		1.7			2.5			3.4			4.7			6.0		2.2
Total fixed charges	$	307.3		$	301.5		$	303.0		$	188.1		$	155.4	$	121.6
Ratio of earnings to fixed charges		1.29			0.09			1.30			4.18			3.15		3.97