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
	2006		2005		2004		2003		2002
Ratio of Earnings to Fixed Charges:
Earnings:
Income from continuing operations before income taxes, minority interests, equity investments and accounting change	$	100,030	$	74,365	$	38,922	$	46,370	$	35,350
Add:
Interest expense		17,823		13,191		14,650		15,500		18,389
Interest portion of rental expense		1,057		1,268		1,267		1,317		1,642
Distributed earnings of 20-50% owned companies		846		522		365		470		—
Total Earnings Available for Fixed Charges	$	119,756	$	89,346	$	55,204	$	63,657	$	55,381
Fixed charges:
Interest on debt	$	17,526	$	12,674	$	14,490	$	14,683	$	17,559
Interest portion of rental expense		1,057		1,268		1,267		1,317		1,642
Total fixed charges	$	18,583	$	13,942	$	15,757	$	16,000	$	19,201
Ratio of earnings to fixed charges		6.4		6.4		3.5		4.0		2.9
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends:
Total fixed charges, as above	$	18,583	$	13,942	$	15,757	$	16,000	$	19,201
Dividends on preferred stock (pretax basis)		—		—		—		—		11
Total fixed charges and preferred stock dividends	$	18,583	$	13,942	$	15,757	$	16,000	$	19,212
Earnings available for fixed charges and preferred stock dividends	$	119,756	$	89,346	$	55,204	$	63,657	$	55,381
Ratio of earnings to fixed charges and preferred stock dividends		6.4		6.4		3.5		4.0		2.9