Exhibit 12

LEVI STRAUSS & CO. AND SUBSIDIARIES

Statement re: Computation of Ratio of Earnings to Fixed Charges

	Three Months Ended						Year Ended
	February 26, 2012			February 27, 2011			November 27, 2011			November 28, 2010			November 29, 2009			November 30, 2008			November 25, 2007
							(Dollars in thousands)
Earnings:
Income before income taxes	$	72,810		$	58,049		$	202,827		$	235,598		$	189,925		$	369,266		$	376,535
Add: Fixed charges		54,135			49,507			192,256			190,425			199,358			197,385			253,606
Add: Amortization of capitalized interest		180			40			334			152			309			264			65
Subtract: Capitalized interest		48			570			2,009			881			39			568			1,051
Total earnings	$	127,077		$	107,026		$	393,408		$	425,294		$	389,553		$	566,347		$	629,155
Fixed Charges:
Interest expense (includes amortization of debt discount and costs)	$	38,573		$	34,866		$	132,043		$	135,823		$	148,718		$	154,086		$	215,715
Capitalized interest		48			570			2,009			881			39			568			1,051
Interest factor in rental expense (1)		15,514			14,071			58,204			53,721			50,601			42,731			36,840
Total fixed charges	$	54,135		$	49,507		$	192,256		$	190,425		$	199,358		$	197,385		$	253,606
Ratio of earnings to fixed charges		2.3	x		2.2	x		2.0	x		2.2	x		2.0	x		2.9	x		2.5	x

(1) Utilized an assumed interest factor of 33% in rental expense.