Exhibit 31.2



                                  CERTIFICATION
                                  -------------

I, Corrado F. De Gasperis, certify that:

     1.   I have reviewed this quarterly report on Form 10-Q for the quarter
ended June 30, 2003 of GrafTech International Ltd.;

     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 registrant's other certifying officer(s) 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)) 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)    Evaluated the effectiveness of the registrant's 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

          (c)    Disclosed in this report any change in the registrant's
                 internal control over financial reporting that occurred
                 during the registrant's most recent fiscal quarter (the
                 registrant's fourth fiscal quarter in the case of an
                 annual report) that has materially affected, or is
                 reasonably likely to materially affect, the registrant's
                      internal control over financial reporting; and

     5.   The registrant's other certifying officer(s) and I have disclosed,
based on our most recent evaluation of internal control over financial
reporting, to the registrant's auditors and the audit committee of the
registrant's board of directors (or persons performing the equivalent
functions):






          (a)    All significant deficiencies and material weaknesses in
                 the design or operation of internal control over financial
                 reporting which are reasonably likely to adversely affect
                 the registrant's 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 registrant's internal control over financial
                 reporting.

Date: August 14, 2003


/s/ Corrado F. De Gasperis
- ---------------------------------------
Corrado F. De Gasperis
Vice President, Chief Financial Officer
and Chief Information Officer
(Principal Accounting Officer)