Exhibit 12

RR Donnelley & Sons Company

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In Thousands, except ratios)

	Years ended December 31,
	2010			2009		2008			2007		2006			2005
Earnings available for fixed charges:
Earnings from continuing operations before income taxes, noncontrolling interests, and cumulative effect of change in accounting principle	$	323.0		$	93.1	$	(269.3	)	$	91.4	$	601.3		$	331.8
Less: Equity income (loss) of minority-owned companies		(0.2	)		0.3		—			—		(0.3	)		(0.6	)
Add: Dividends received from investees under the equity method		—			—		—			—		—			—
Less: Income (loss) attributable to non-controlling interests		(4.6	)		5.9		6.3			3.3		2.7			(1.2	)
Add: Fixed charges before capitalized interest		292.7			305.6		299.0			299.6		183.4			149.4
Add: Amortization of capitalized interest		3.8			4.3		5.0			5.5		4.2			6.1
Total earnings available for fixed charges	$	624.3		$	396.8	$	28.4		$	393.2	$	786.5		$	489.1
Fixed charges:
Interest expense	$	222.6		$	234.6	$	226.4		$	227.3	$	139.0		$	110.7
Interest portion of rental expense		70.1			71.0		72.6			72.3		44.4			38.7
Total fixed charges before capitalized interest		292.7			305.6		299.0			299.6		183.4			149.4
Capitalized interest		1.9			1.7		2.5			3.4		4.7			6.0
Total fixed charges	$	294.6		$	307.3	$	301.5		$	303.0	$	188.1		$	155.4
Ratio of earnings to fixed charges		2.12			1.29		0.09			1.30		4.18			3.15