Exhibit 12.1

Steelcase Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)

	Year Ended
	February			February			February			February			February
	27, 2009			29, 2008			23, 2007			24, 2006			25, 2005
EARNINGS:
Income (loss) from continuing operations before income taxes, minority interests in consolidated subsidiaries and income from equity investees		(10.3	)		213.7			123.9			77.3			1.7
Add/(deduct):
Fixed charges		34.5			35.2			34.9			35.0			39.4
Distributed income of equity investees		3.3			3.7			3.0			4.3			2.1
Interest capitalized		(1.4	)		(1.0	)		0.0			(0.3	)		(0.7	)
Minority interest in pre-tax income of subsidiaries that have not incurred fixed charges		3.1			4.5			(0.6	)		0.0			0.0
Earnings available for fixed charges		29.2			256.1			161.2			116.3			42.5
FIXED CHARGES:
Interest expensed and capitalized		18.4			17.9			18.5			18.4			21.6
Amortization of bond discount		0.1			0.1			0.4			0.3			0.3
Estimated interest portion of rent expense		16.0			17.2			16.0			16.3			17.5
Total fixed charges		34.5			35.2			34.9			35.0			39.4
Ratio of Earnings to Fixed Charges (1)		*			7.27			4.62			3.32			1.08

(1)

The ratio of earnings to fixed charges is calculated by dividing earnings, as defined, by fixed charges, as defined. For this purpose, “earnings” consist of pre-tax income from continuing operations before adjustment for minority interests in consolidated subsidiaries and equity in income of joint ventures, plus fixed charges and distributed income of equity investees, minus capitalized interest and minority interest in income of subsidiaries that have not incurred fixed charges. For this purpose, “fixed charges” consist of interest incurred, a portion of rent expense and amortization of deferred debt expense.

*

Earnings for the year ended February 27, 2009 were inadequate to cover fixed charges by $5.3 million.