Exhibit 12

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

	Year ended December 31,
	2010			2009			2008			2007			2006
Earnings as defined:
Pre-tax income	$	85,570		$	28,537		$	94,572		$	126,603		$	68,480
Distributions from investees		12,212			6,715			13,741			9,878			7,311
Amortization of capitalized interest		1			1			1			1			1
Interest expense		72,572			104,415			37,998			51,871			37,664
(Income) in equity of affiliate		(23,963	)		(15,213	)		(24,399	)		(16,243	)		(9,086	)
Rent expense (1)		1,223			1,301			1,275			1,309			1,502
Total earnings	$	147,615		$	125,756		$	123,188		$	173,419		$	105,872
Fixed charges as defined:
Interest expense	$	72,572		$	104,415		$	37,998		$	51,871		$	37,664
Capitalized interest		—			—			—			—			—
Rent expense (1)		1,223			1,301			1,275			1,309			1,502
Total fixed charges	$	73,795		$	105,716		$	39,273		$	53,180		$	39,166
Ratio of earnings to fixed charges		2.00			1.19			3.14			3.26			2.70

(1) Represents a portion of rental expense (deemed by us to be representative of the interest factor of rental payments)