Exhibit 12

H.B. FULLER COMPANY

Computations of Ratios of Earnings to Fixed Charges and

Ratios of Earnings to Fixed Charges and Preferred Stock Dividends

(Thousands of Dollars)

	Fiscal Year
	2005		2004		2003		2002		2001
Ratio of Earnings to Fixed Charges:
Earnings:
Income before income taxes, minority interests, equity investments and accounting change	$	82,401	$	48,298	$	50,808	$	40,312	$	61,302
Add:
Interest expense		13,191		14,650		15,500		18,389		22,379
Interest portion of rental expense		1,364		1,361		1,412		1,702		1,326
Distributed earnings of 20-50% owned companies		522		365		469		—		1,240
Total Earnings Available for Fixed Charges	$	97,478	$	64,674	$	68,189	$	60,403	$	86,247
Fixed charges:
Interest on debt	$	12,674	$	14,490	$	14,683	$	17,559	$	21,678
Interest portion of rental expense		1,364		1,361		1,412		1,702		1,326
Total fixed charges	$	14,038	$	15,851	$	16,095	$	19,261	$	23,004
Ratio of earnings to fixed charges		6.9		4.1		4.2		3.1		3.7
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends:
Total fixed charges, as above	$	14,038	$	15,851	$	16,095	$	19,261	$	23,004
Dividends on preferred stock (pretax basis)		—		—		—		11		23
Total fixed charges and preferred stock dividends	$	14,038	$	15,851	$	16,095	$	19,272	$	23,027
Earnings available for fixed charges and preferred stock dividends	$	97,478	$	64,674	$	68,189	$	60,403	$	86,247
Ratio of earnings to fixed charges and preferred stock dividends		6.9		4.1		4.2		3.1		3.7