Lamar Advertising (LAMR) 10-Q 2006 Q2 Quarterly report

Exhibit 12.2

COMPUTATION OF RATION OF EARNINGS TO FIXED CHARGES⁽¹⁾

     The following table sets forth Lamar Media’s ratio of earnings to fixed charges for the periods indicted.

	SIX MONTHS
	ENDED JUNE 30,				YEARS ENDED DECEMBER 31,
(dollars in thousands)	2005		2006		2001			2002			2003			2004		2005
Net income (loss)		27,577		20,736	$	(97,566	)	$	(24,958	)	$	(22,168	)	$	24,219	$	47,470
Income tax (benefit) expense		19,385		15,668		(38,870	)		(12,434	)		(12,338	)		11,764		35,488
Fixed charges		64,570		80,947		153,964			139,376			126,245			116,409		137,889
Earnings		111,532		117,351		17,528			101,984			91,739			152,392		220,847
Interest expense, net		36,324		50,333		112,386			94,061			77,350			64,425		80,345
Rent under leases representative of an interest factor (1/3)		28,246		30,614		41,578			45,315			48,895			51,984		57,544
Preferred dividends		0		0		0			0			0			0		0
Fixed charges		64,570		80,947		153,964			139,376			126,245			116,409		137,889
Ratio of earnings to fixed charges(2)		1.7x		1.4x		0.1x			0.7x			0.7x			1.3x		1.6x

(1)

The ratio of earnings to fixed charges is defined as earnings divided by fixed charges. For purposes of this ratio, earnings is difined as net income (loss) before income taxes and cumulative effect of a change in accounting principle and fixed charges. Fixed charges is difined as the sum of interest expenses, preferred stock dividends and the component of rental expense that we believe to be representative of the interest factor for those amounts.

(2)

For the years ended December 31, 2001, 2002 and 2003, earnings were insufficient to cover fixed charges by $136.4 million, $37.4 million and $34.5 million, respectively.