Exhibit 12

LEVI STRAUSS & CO. AND SUBSIDIARIES

Statements re: Computation of Ratio of Earnings to Fixed Charges

	Year Ended
	November 27,			November 28,			November 29,			November 30,			November 25,
	2011			2010			2009			2008			2007
	(Dollars in thousands)
Earnings:
Income before income taxes	$	202,827		$	235,598		$	189,925		$	369,266		$	376,535
Add: Fixed charges		192,256			190,425			199,358			197,385			253,606
Add: Amortization of capitalized interest		334			152			309			264			65
Subtract: Capitalized interest		2,009			881			39			568			1,051
Total earnings	$	393,408		$	425,294		$	389,553		$	566,347		$	629,155
Fixed Charges:
Interest expense (includes amortization of debt discount and costs)	$	132,043		$	135,823		$	148,718		$	154,086		$	215,715
Capitalized interest		2,009			881			39			568			1,051
Interest factor in rental expense (1)		58,204			53,721			50,601			42,731			36,840
Total fixed charges	$	192,256		$	190,425		$	199,358		$	197,385		$	253,606
Ratio of earnings to fixed charges		2.0	x		2.2	x		2.0	x		2.9	x		2.5	x

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