EXHIBIT 12 THOMAS & BETTS CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (DOLLARS IN THOUSANDS) For The Years Ended December 29, December 31, January 1, January 2, December 31, 1996 1995 1995 1994 1992 Earnings from continuing operations before income taxes $ 90,878 $128,930 $ 40,194 $ 83,542 $ 62,738 Add: Interest on indebtedness 49,410 32,474 31,064 34,840 38,410 Amortization of debt expense 1,335 1,496 1,373 1,231 2,564 Portion of rents representative of the interest factor 11,399 10,766 9,766 9,266 8,421 Deduct:Interest capitalized and undistributed earnings from less than 50 percent owned persons ( 8,642) ( 2,848) ( 1,863) - - Earnings as adjusted $144,380 $170,818 $ 80,534 $128,879 $112,133 Fixed charges: Interest on indebtedness 49,410 $ 32,474 $ 31,064 $ 34,840 $ 38,410 Amortization of debt expense 1,335 1,496 1,373 1,231 2,564 Portion of rents representative of the interest factor 11,399 10,766 9,766 9,266 8,421 Total fixed charges $ 62,144 $ 44,736 $ 42,203 $ 45,337 $ 49,395 Ratio of earnings to fixed charges 2.3x 3.8x 1.9x 2.8x 2.3x