Exhibit 12(b)
                                                                       
                                                                      
                      Entergy Gulf States, Inc.             
       Computation of Ratios of Earnings to Fixed Charges and        
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends   
<TABLE>                                          
<CAPTION>
                                                                                                                                    
<S>                                                                        <C>       <C>       <C>       <C>       <C>       <C>
                                                                           1992      1993      1994      1995      1996      1997
                                                                                                                                    
Fixed charges, as defined:                                                                                                          
  Total Interest charges                                                   248,416   210,599   204,134   200,224   193,890   180,073
  Interest applicable to rentals                                            23,759    23,455    21,539    16,648    14,887    15,747
                                                                          ----------------------------------------------------------
Total fixed charges, as defined                                            272,175   234,054   225,673   216,872   208,777   195,820
                                                                                                                                    
Preferred dividends, as defined (a)                                         69,617    65,299    52,210    44,651    48,690    30,028
                                                                          ----------------------------------------------------------
Combined fixed charges and preferred dividends, as defined                $341,792  $299,353  $277,883  $261,523  $257,467  $225,848
                                                                          ==========================================================
Earnings as defined:                                                                                                                
                                                                                                                                    
 Income (loss) from continuing operations before extraordinary items and                                                          
  the cumulative effect of accounting changes                             $139,413   $69,462  ($82,755) $122,919   ($3,887)   59,976
  Add:                                                                                                                              
    Income Taxes                                                            55,860    58,016   (62,086)   63,244   102,091    22,402
    Fixed charges as above                                                 272,175   234,054   225,673   216,872   208,777   195,820
                                                                          ----------------------------------------------------------
Total earnings, as defined (b)                                            $467,448  $361,532   $80,832  $403,035  $306,981  $278,198
                                                                          ==========================================================
Ratio of earnings to fixed charges, as defined                                1.72      1.54      0.36      1.86      1.47      1.42
                                                                          ==========================================================
Ratio of earnings to combined fixed charges and                                                                                     
 preferred dividends, as defined                                              1.37      1.21      0.29      1.54      1.19      1.23
                                                                          ==========================================================
(a) "Preferred dividends," as defined by SEC regulation S-K, are computed by dividing the preferred dividend requirement by one 
     hundred percent (100%) minus the income tax rate.
                                                                                                                                    
(b)  Earnings for the year ended December 31, 1994, for GSU were not adequate to cover fixed charges combined fixed charges and 
     preferred dividends by $144.8 million and $197.1 million, respectively.

</TABLE>