Exhibit 12.1

AMVESCAP PLC
Ratios of Earnings to Fixed Charges

IFRS / UK GAAP

	12/31/2006			12/31/2005			12/31/2004			12/31/2003		12/31/2002
Profit before taxation		754,637,961			360,077,888			39,029,165			57,694,879		145,522,375
Fixed Charges		97,443,878			103,101,064			100,735,563			98,690,957		98,414,827
Minority interest		(1,038,010	)		(1,765,921	)		(824,524	)		0		0
Earnings		851,043,830			461,413,031			138,940,204			156,385,836		243,937,202
Portion of rent expense representing interest		16,138,776			17,958,983			19,564,943			19,623,407		19,565,452
Interest		81,305,102			85,142,080			81,170,620			79,067,550		78,849,375
Fixed charges		97,443,878			103,101,064			100,735,563			98,690,957		98,414,827
Minority interest after tax		674,707			1,147,849			535,940			0		(0	)
Adjustment for tax (35% rate assumed)		363,304			618,072			288,583			0		(0	)
Minority interest before tax		1,038,010			1,765,921			824,524			0		(0	)
Ratio of earnings/fixed charges		8.73			4.48			1.38			1.58		2.48