Exhibit 12.1

VECTOR GROUP LTD.

Computation of Ratio of Earnings to Fixed Charges

(Dollars in Thousands, Except Ratios)

(Unaudited)

	Nine Months Ended September 30,				Year Ended December 31,
	2012		2011		2011		2010		2009		2008		2007
Earnings as defined:
Pre-tax income	25,180		110,868		123,157		85,570		28,537		94,572		126,603
Distributions from investees	12,807		6,316		9,322		12,212		6,715		13,741		9,878
Interest expense	114,647		63,400		93,939		72,572		104,415		37,998		51,871
(Income) in equity of affiliate	(20,969	)	(17,597	)	(19,966	)	(23,963	)	(15,213	)	(24,399	)	(16,243	)
Interest portion of rental expense (1)	1,194		1,045		1,438		1,223		1,301		1,275		1,309
Total earnings	132,859		164,032		207,890		147,614		125,755		123,187		173,418
Fixed charges as defined:
Interest expense	114,647		63,400		93,939		72,572		104,415		37,998		51,871
Interest portion of rent expense (1)	1,194		1,045		1,438		1,223		1,301		1,275		1,309
Total fixed charges	115,841		64,445		95,377		73,795		105,716		39,273		53,180
Ratio of earnings to fixed charges	1.15		2.55		2.18		2.00		1.19		3.14		3.26

________________________

(1) One-third of rent expense is the portion deemed representative of the interest factor.