EXHIBIT 31

                                  CERTIFICATION

I, Mike Ulrich, certify that:

         1. I have reviewed this quarterly report on Form 10-Q of LL&E Royalty
Trust, for which JPMorgan Chase acts as Trustee;

         2. Based on my knowledge, this quarterly 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
quarterly report;

         3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, distributable income and changes in trust
corpus of the registrant as of, and for, the periods presented in this quarterly
report;

         4. I am responsible for establishing and maintaining disclosure
controls and procedures (as defined in Exchange Act Rules 13a-15(e) and
15d-15(e)), or for causing such controls and procedures to be established and
maintained, 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 quarterly 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 that has materially affected or
         is reasonably likely to materially affect the registrant's internal
         control over financial reporting; and

         5. I have disclosed, based on my most recent evaluation of internal
control over financial reporting, to the registrant's auditors:

                  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 any
         persons who have a significant role in the registrant's internal
         control over financial reporting.

         In giving the foregoing certifications in paragraphs 4 and 5 above, I
have relied to the extent I consider reasonable on information provided to me by
the Working Interest Owner and the Managing General Partner of LL&E Royalty
Partnership, in which the registrant owns a 99% interest.

                                        /s/ MIKE ULRICH
                                --------------------------------
                                           Mike Ulrich
                                Vice President and Trust Officer
                                       JPMorgan Chase Bank

Date: August 9, 2004