Exhibit 12

WMS INDUSTRIES INC.

Computation of Ratio of Earnings to Fixed Charges

																Nine
	(in thousands except ratio information)															Months
																Ended
	Fiscal Year Ended June 30,															March 31,
	1999			2000			2001			2002			2003			2004
Earnings
Pre-tax income (loss) from continuing operations	$	14,203		$	71,438		$	49,987		$	15,450		$	(15,031	)	$	(2,849	)
Add back fixed charges:
Fixed charges		613			449			605			589			711			3,363
Earnings (loss)	$	14,816		$	71,887		$	50,592		$	16,039		$	(14,320	)	$	514
Fixed Charges
Interest expense, including expense amortization	$	—		$	—		$	—		$	—		$	44		$	2,851
Interest portion of rent expense		613			449			605			589			667			512
Total Fixed Charges	$	613		$	449		$	605		$	589		$	711		$	3,363
Ratio of Earnings to Fixed Charges		24.2	x		160.1	x		83.6	x		27.2	x		(1	)		(1	)

(1) Our earnings were inadequate to cover fixed charges for the year ended June 30, 2003 by approximately $15.7 million and for the nine months ended March 31, 2004 by approximately $6.2 million.