CERTIFICATION
I,
Thomas J. O’Keeffe, Chief Financial Officer of Cedar Shopping Centers,
Inc. (the Company), certify that:
1. I
have
reviewed this Quarterly Report on Form 10-Q of the Company;
2. Based
on
my knowledge, this report does not contain any untrue statement of a material
fact or omit to state a material fact necessary to make the statements made,
in
light of the circumstances under which such statements were made, not misleading
with respect to the period covered by this report;
3. Based
on
my knowledge, the financial statements, and other financial information included
in this report, fairly present in all material respects the financial condition,
results of operations and cash flows of the registrant as of, and for, the
periods presented in this report;
4. The
registrants other certifying officer and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Exchange Act
Rules 13a-15(e) and 15d-15(e))
and internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for
the registrant and have:
(a) Designed
such disclosure controls and procedures, or caused such disclosure controls
and
procedures to be designed under our supervision, to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this report is being prepared;
(b) Designed
such internal control over financial reporting, or caused such internal control
over financial reporting to be designed under our supervision, to provide
reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with
generally accepted accounting principles;
(c) Evaluated
the effectiveness of the registrants disclosure controls and procedures
and presented in this report our conclusions about the effectiveness of the
disclosure controls and procedures, as of the end of the period covered by this
report based on such evaluation; and
(d) Disclosed
in this report any change in the registrants internal control over financial
reporting that occurred during the registrants most recent fiscal quarter
(the registrants fourth fiscal quarter in the case of an annual report)
that has materially affected, or is reasonably likely to materially affect,
the registrants internal control over financial reporting; and
5. The
registrants other certifying officer and I have disclosed, based on our
most recent evaluation of internal control over financial reporting to the registrants
auditors and the audit committee of the registrants board of directors
(or persons performing the equivalent functions):
(a) All
significant deficiencies and material weaknesses in the design or operation
of internal controls over financial reporting which are reasonably likely to
adversely affect the registrants ability to record, process, summarize
and report financial information; and
(b) Any
fraud, whether or not material, that involves management or other employees
who have a significant role in the registrants internal control over financial
reporting.
Date:
May
9, 2006
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/s/
THOMAS J.
O’KEEFFE |
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Thomas
J. O’Keeffe, Chief Financial Officer
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