Exhibit 12

VECTOR GROUP LTD.
Ratio of Earnings to Fixed Charges
(Dollars in Thousands, Except Ratios)

	Year ended December 31,
	2009			2008			2007			2006			2005
Earnings as defined:
Pre-tax income (loss) from continuing operations	$	28,537		$	94,572		$	126,603		$	68,480		$	185,768
Adjustment for minority interests		—			—			—			—			(3,368	)
Distributions from investees		6,715			13,741			9,878			7,311			5,935
Amortization of capitalized interest		1			1			1			1			1
Interest expense		104,415			37,998			51,871			37,664			26,730
Loss (income) in equity of affiliate		(15,213	)		(24,399	)		(16,243	)		(9,086	)		(7,543	)
Rent expense		1,301			1,275			1,309			1,502			1,809
Total earnings	$	125,756		$	123,188		$	173,419		$	105,872		$	109,332
Fixed charges as defined:
Interest expense	$	104,415		$	37,998		$	51,871		$	37,664		$	26,730
Capitalized interest		—			—			—			—			—
Rent expense, net of minority interests		1,301			1,275			1,309			1,502			1,758
Total fixed charges	$	105,716		$	39,273		$	53,180		$	39,166		$	28,488
Ratio of earnings to fixed charges		1.19			3.14			3.26			2.70			3.84