<DOCUMENT>
<TYPE>EX-12
<SEQUENCE>3
<FILENAME>ex12.txt
<DESCRIPTION>EXHIBIT 12
<TEXT>
<PAGE>
EXHIBIT 12
ALTRIA GROUP, INC. AND SUBSIDIARIES
Computation of Ratios of Earnings to Fixed Charges
(in millions of dollars)
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<TABLE>
<CAPTION>
For the Years Ended December 31,
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2002 2001 2000 1999 1998
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<S> <C> <C> <C> <C> <C>
Earnings before income taxes,
minority interest and
cumulative effect of
accounting change $18,098 $14,284 $14,087 $12,821 $ 9,215
Add (deduct):
Equity in net earnings
of less than 50%
owned affiliates (235) (228) (228) (197) (195)
Dividends from less
than 50% owned
affiliates 32 29 70 56 70
Fixed charges 1,643 1,945 1,348 1,363 1,386
Interest capitalized,
net of amortization 10 10 7 (2) (5)
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Earnings available for
fixed charges $19,548 $16,040 $15,284 $14,041 $10,471
======= ======= ======= ======= =======
Fixed charges:
Interest incurred:
Consumer products $ 1,331 $ 1,665 $ 1,087 $ 1,118 $ 1,166
Financial services 100 102 114 89 77
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1,431 1,767 1,201 1,207 1,243
Portion of rent expense
deemed to represent
interest factor 212 178 147 156 143
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Fixed charges $ 1,643 $ 1,945 $ 1,348 $ 1,363 $ 1,386
======= ======= ======= ======= =======
Ratio of earnings to
fixed charges (A) 11.9 8.2 11.3 10.3 7.6
======= ======= ======= ======= =======
</TABLE>
(A) Earnings before income taxes and minority interest for the twelve months
ended December 31, 2002 include a non-recurring pre-tax gain of $2,631
million related to the Miller transaction disclosed in Note 3 to Altria
Group, Inc.'s consolidated financial statements. Excluding this gain, the
ratio of earnings to fixed charges would have been 10.3 for the twelve
months ended December 31, 2002.
</TEXT>
</DOCUMENT>