EXHIBIT 99.3

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

     In connection with GIANT GROUP, LTD.'S Annual Report as filed with the SEC
on the date hereof, I, Burt Sugarman, Chief Executive Officer of the GIANT
GROUP, LTD., certify, pursuant to 18 U.S.C. Section1350, as adopted pursuant to
Section906 of the Sarbanes-Oxley Act of 2002, that:

          (1) This Annual Report fully complies with the requirements of Section
     13(a) or 15(d) of the Exchange Act (15 U.S.C. 78m or 78o(d)), and

          (2) The information contained in this Annual Report fairly presents,
     in all material respects, the financial condition and result of operations
     of GIANT GROUP, LTD.

Dated: March 27, 2003

                                                        /s/    Burt Sugarman
                                                    ----------------------------
                                                            Burt Sugarman
                                                       Chief Executive Officer