EXHIBIT 12

STATEMENTS RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

LEVI STRAUSS & CO. AND SUBSIDIARIES

Statements re: Computation of Ratio of Earnings to Fixed Charges

	Three Months Ended						Year Ended
(Dollars in thousands)	February 27, 2005			February 29, 2004			November 28, 2004			November 30, 2003			November 26, 2000			November 25, 2001			November 26, 2000
Earnings:
Income (loss) before income taxes	$	96,429		$	(5,934	)	$	95,525		$	(31,292	)	$	26,587		$	222,648		$	382,710
Add: Fixed charges		74,322			75,069			287,491			281,470			212,765			245,835			260,124
Add: Minority interest in consolidated subsidiaries		1,853			886			774			1,545			2,062			440			632
Total earnings	$	172,604		$	70,021		$	383,790		$	251,723		$	241,414		$	468,923		$	643,466
Fixed Charges:
Interest expense (includes amortization of debt discount and debt issuance costs)	$	68,330		$	68,227		$	260,124		$	254,265		$	186,493		$	219,956		$	234,098
Interest factor in rental expense(1)		5,992			6,842			27,367			27,205			26,272			25,879			26,026
Total fixed charges	$	74,322		$	75,069		$	287,491		$	281,470		$	212,765		$	245,835		$	260,124
Ratio of earnings to fixed charges		2.3	x		—			1.3	x		—			1.1	x		1.9	x		2.5	x
Deficit of earnings to fixed charges		—		$	(5,048	)		—		$	(29,747	)		—			—			—

(1) Utilized an assumed interest factor of 33% in rental expense.