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 the Annual Report on Form 10-K/A of Marvel  Enterprises,
Inc. (the  "Company")  for the fiscal year ended December 31, 2002 as filed with
the Securities and Exchange Commission on June 30, 2003 (the "Report"), I, Allen
S.  Lipson,  President  and Chief  Executive  Officer of the  Company,  certify,
pursuant to 18 U.S.C.  Section 1350,  as adopted  pursuant to Section 906 of the
Sarbanes-Oxley  Act of  2002,  that:  (1) the  Report  fully  complies  with the
requirements  of section 13(a) or 15(d) of the Securities  Exchange Act of 1934;
and (2) the Information contained in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Company.

     A signed  original of this  written  statement  required by Section 906 has
been  provided to the Company and will be retained by the Company and  furnished
to the Securities and Exchange Commission or its staff upon request.


                                           /s/
                                           -------------------------------
                                           Allen S. Lipson
                                           President and Chief Executive Officer
                                           June 30, 2003