BOISE CASCADE CORPORATION AND SUBSIDIARIES
Ratio of Earnings to Fixed Charges

	Year Ended December 31
	____________________________________________
	1997			1998			1999			2000			2001
	_______			_______			_______			_______			_______
		(thousands)
Interest costs	$	137,350		$	159,870		$	146,124		$	152,322		$	128,970
Guarantee of interest on ESOP debt		16,341			14,671			12,856			10,880			8,732
Interest capitalized during the period		10,575			1,341			238			1,458			1,945
Interest factor related to noncapitalized leases (a)		11,931			11,308			13,065			13,394			11,729
	_______			_______			_______			_______			_______
Total fixed charges	$	176,197		$	187,190		$	172,283		$	178,054		$	151,376
	=======			=======			=======			=======			=======
Income (loss) before income taxes,    minority interest, and cumulative effect of    accounting change	$	(28,930	)	$	(16,878	)	$	355,940		$	298,331		$	(47,611	)
Undistributed (earnings) losses of less than 50%    owned entities, net of distributions received		5,180			3,791			(6,115	)		(2,061	)		8,039
Total fixed charges		176,197			187,190			172,283			178,054			151,376
Less:   Interest capitalized		(10,575	)		(1,341	)		(238	)		(1,458	)		(1,945	)
Guarantee of interest on ESOP debt		(16,341	)		(14,671	)		(12,856	)		(10,880	)		(8,732	)
	_______			_______			_______			_______			_______
Total earnings before fixed charges	$	125,531		$	158,091		$	509,014		$	461,986		$	101,127
	=======			=======			=======			=======			=======
Ratio of earnings to fixed charges		-			-			2.95			2.59			-
Excess of fixed charges over earnings before    fixed charges	$	50,666		$	29,099		$	-		$	-		$	50,249

(a) Interest expense for operating leases with terms of one year or longer is based on an imputed interest rate for each lease.