EXHIBIT 12

SBC COMMUNICATIONS INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Dollars in Millions

Three Months Ended March 31,

Year Ended December 31,

				2005			2004			2004			2003			2002			2001			2000
Income Before Income Taxes, Extraordinary Items
and Cumulative Effect of Accounting Changes*			$	1,375		$	2,357		$	6,623		$	7,751		$	8,685		$	9,984		$	11,923
Add:     Interest Expense				353			232			1,023			1,242			1,382			1,599			1,592
Dividends on Preferred Securities				8			6			24			22			24			57			118
1/3 Rental Expense				40			37			160			140			195			266			252
Adjusted Earnings			$	1,776		$	2,632		$	7,830		$	9,155		$	10,286		$	11,906		$	13,885
Total Interest Charges			$	360		$	241		$	1,054		$	1,279		$	1,440		$	1,718		$	1,693
Dividends on Preferred Securities				8			6			24			22			24			57			118
1/3 Rental Expense				40			37			160			140			195			266			252
Adjusted Fixed Charges			$	408		$	284		$	1,238		$	1,441		$	1,659		$	2,041		$	2,063
Ratio of Earnings to Fixed Charges				4.35			9.27			6.32			6.35			6.20			5.83			6.73

*

All periods presented exclude undistributed earnings on investments accounted for under the equity method as well as "Income From Discontinued Operations, net of tax" in our Consolidated Statements of Income, which was from the sale of our interest in the directory advertising business in Illinois and northwest Indiana.