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Exhibit 12.1

THE NEW YORK TIMES COMPANY
Ratio of Earnings to Fixed Charges
(Dollars in thousands, except ratios)
(Unaudited)

			For the Years Ended
	For the Quarter Ended March 31, 2002
			December 30, 2001		December 31, 2000		December 26, 1999		December 27, 1998		December 28, 1997
Earnings from continuing operations before fixed charges
Income from continuing operations before income taxes and income from joint ventures	$	89,226	$	332,204	$	637,830	$	501,912	$	454,423	$	384,655
Less: Gain on disposition of assets and other-net		1,250		5,000		85,349		—		18,452		20,388
Distributed earnings from less than fifty percent owned affiliates		150		14,859		19,375		13,061		18,192		14,982
Less: Pre-tax preferred stock dividends		—		—		—		—		—		129
Adjusted pre-tax earnings from continuing operations		88,126		342,063		571,856		514,973		454,163		379,120
Fixed charges less capitalized interest		14,419		64,069		80,876		63,313		56,029		54,805
Earnings from continuing operations before fixed charges	$	102,545	$	406,132	$	652,732	$	578,286	$	510,192	$	433,925
Fixed charges
Interest expense, net of capitalized interest	$	11,567	$	51,405	$	68,566	$	52,503	$	46,927	$	45,039
Capitalized interest		234		459		—		—		173		5,394
Less: Pre-tax preferred stock dividends		—		—		—		—		—		129
Portion of rentals representative of interest factor		2,852		12,664		12,310		10,810		9,102		9,895
Fixed charges	$	14,653	$	64,528	$	80,876	$	63,313	$	56,202	$	60,199
Ratio of earnings to fixed charges		7.00		6.29		8.07		9.13		9.08		7.21

Note: The Ratio of Earnings to Fixed Charges should be read in conjunction with the Company's Form 10-K for the period ended December 30, 2001 and the Company's Form 10-Q for the quarter ended March 31, 2002.

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THE NEW YORK TIMES COMPANY Ratio of Earnings to Fixed Charges (Dollars in thousands, except ratios) (Unaudited)