Exhibit 12.1

SAFEWAY INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
(Unaudited)

		36 Weeks						Fiscal Year
		Sept. 7,			Sept. 8,
		2002			2001			2001			2000			1999			1998			1997
Income before income taxes, extraordinary loss and cumulative effect of accounting change		$	1,470.2		$	1,504.3		$	2,095.0		$	1,866.5		$	1,674.0		$	1,396.9		$	1,076.3
Add interest expense			291.5			316.1			446.9			457.2			362.2			235.0			241.2
Add interest on rental expense(a)			167.7			151.4			242.4			218.7			183.0			108.2			88.5
Less equity in earnings of unconsolidated affiliates			(9.9	)		(15.3	)		(20.2	)		(31.2	)		(34.5	)		(28.5	)		(34.9	)
(Less) add minority interest in subsidiary			(2.4	)		—			—			1.1			5.9			5.1			4.4
	Earnings	$	1,917.1		$	1,956.5		$	2,764.1		$	2,512.3		$	2,190.6		$	1,716.7		$	1,375.5
Interest expense		$	291.5		$	316.1		$	446.9		$	457.2		$	362.2		$	235.0		$	241.2
Add capitalized interest			21.8			15.7			25.7			17.0			9.3			8.5			5.7
Add interest on rental expense(a)			167.7			151.4			242.4			218.7			183.0			108.2			88.5
	Fixed charges	$	481.0		$	483.2		$	715.0		$	692.9		$	554.5		$	351.7		$	335.4
	Ratio of earnings to fixed charges		3.99			4.05			3.87			3.63			3.95			4.88			4.10

(a) Based on a 10% discount factor on the estimated present value of future operating lease payments.