EXHIBIT 12

Temple-Inland Inc. (Parent company)

Computations of Ratios of Earnings to Fixed Charges — Actual

		First Nine			For the Year
		Months
		2005			2004			2003			2002			2001			2000
		(Dollars in millions)
Ratio of Earnings to Fixed Charges:
	Earnings:
	Pre-tax income from continuing operations	$	219		$	233		$	(97	)	$	107		$	177		$	320
	Less: Financial services pre-tax income		(165	)		(173	)		(181	)		(164	)		(184	)		(189	)
	Equity method investees pre-tax income		(29	)		(28	)		(6	)		—			(3	)		(9	)
Capitalized interest			—			(1	)		(1	)		—			(4	)		(4	)
	Add: Dividends from Financial Services		25			105			166			125			124			110
	Dividends from equity method investees		30			20			8			11			—			14
	Equity method investees pre-tax loss		—			—			—			1			—			—
	Fixed charges from below		88			134			144			141			109			116
	Amortization of capitalized interest		3			4			4			4			4			5
Total earnings		$	171		$	294		$	37		$	225		$	223		$	363
Fixed Charges:
	Interest expense — Parent company	$	82		$	125		$	135		$	133		$	98		$	105
	Capitalized interest		—			1			1			—			4			4
	Interest portion of rental expense		6			8			8			8			7			7
Total fixed charges		$	88		$	134		$	144		$	141		$	109		$	116
Ratio of earnings to fixed charges:
Actual			1.94	x		2.19	x		0.26	x		1.60	x		2.05	x		3.13	x

Temple-Inland Inc. (Consolidated)

Including Interest on Deposits

Computations of Ratios of Earnings to Fixed Charges — Actual

		First Nine			For the Year
		Months
		2005			2004			2003			2002			2001			2000
		(Dollars in millions)
Ratio of Earnings to Fixed Charges:
	Earnings:
	Pre-tax income from continuing operations	$	219		$	233		$	(97	)	$	107		$	177		$	320
	Less: Capitalized interest		(1	)		(2	)		(2	)		(1	)		(6	)		(7	)
	Equity method investees pre-tax income		(41	)		(41	)		(6	)		—			(3	)		(9	)
	Add: Fixed charges from below		375			456			499			545			709			839
	Equity method investees pre-tax loss		—			—			—			1			—			—
	Dividends from equity method investees		42			37			8			11			—			14
	Amortization of capitalized interest		3			4			4			4			6			7
Total earnings		$	597		$	687		$	406		$	667		$	883		$	1,164
Fixed Charges:
	Interest expense — Parent Company	$	82		$	125		$	135		$	133		$	98		$	105
	Interest on borrowings — Financial Services		152			175			169			161			196			225
	Interest on deposits — Financial Services		133			142			182			239			399			493
	Capitalized interest		1			2			2			1			6			7
	Interest portion of rental expense		7			12			11			11			10			9
Total fixed charges		$	375		$	456		$	499		$	545		$	709		$	839
Ratio of earnings to fixed charges			1.59	x		1.51	x		0.81	x		1.22	x		1.25	x		1.39	x

Temple-Inland Inc. (Consolidated)

Excluding Interest on Deposits

Computations of Ratios of Earnings to Fixed Charges — Actual

		First Nine			For the Year
		Months
		2005			2004			2003			2002			2001			2000
		(Dollars in millions)
Ratio of Earnings to Fixed Charges:
	Earnings:
	Pre-tax income from continuing operations	$	219		$	233		$	(97	)	$	107		$	177		$	320
	Less: Capitalized interest		(1	)		(2	)		(2	)		(1	)		(6	)		(7	)
	Equity method investees pre-tax income		(41	)		(41	)		(6	)		—			(3	)		(9	)
	Add: Fixed charges from below		242			314			317			306			310			346
	Equity method investees pre-tax loss		—			—			—			1			—			—
	Dividends from equity method investees		42			37			8			11			—			14
	Amortization of capitalized interest		3			4			4			4			6			7
Total earnings		$	464		$	545		$	224		$	428		$	484		$	671
Fixed Charges:
	Interest expense — Parent Company	$	82		$	125		$	135		$	133		$	98		$	105
	Interest on borrowings — Financial Services		152			175			169			161			196			225
	Capitalized interest		1			2			2			1			6			7
	Interest portion of rental expense		7			12			11			11			10			9
Total fixed charges		$	242		$	314		$	317		$	306		$	310		$	346
Ratio of earnings to fixed charges			1.92	x		1.74	x		0.71	x		1.40	x		1.56	x		1.94	x