EXHIBIT (a)(2)

                  CERTIFICATIONS PURSUANT TO SECTION 302 OF THE
                           SARBANES OXLEY ACT OF 2002

I, C. Douglas Davenport, certify that:

1. I have reviewed this report on Form N-CSR of New Providence Investment Trust;

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 information included in this report, and
the financial  statements on which the financial  information  is based,  fairly
present in all material respects the financial condition, results of operations,
changes in net assets, and cash flows (if the financial  statements are required
to include a statement  of cash  flows) of the  registrant  as of, and for,  the
periods presented in this report;

4.  The  registrant's  other  certifying  officers  and  I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
rule 30a-2(c) under the Investment Company Act) for the registrant and have:

         a) designed  such  disclosure  controls and  procedures  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  as of a date  within 90 days prior to the  filing  date of this
report (the "Evaluation Date"); and

         c) presented in this report our conclusions  about the effectiveness of
the  disclosure  controls  and  procedures  based  on our  evaluation  as of the
Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  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 in the design or operation of internal
controls  which  could  adversely  affect  the  registrant's  ability to record,
process,  summarize,  and  report  financial  data and have  identified  for the
registrant's auditors any material weaknesses in internal controls; and

         b) any fraud,  whether or not  material,  that  involves  management or
other  employees  who  have a  significant  role  in the  registrant's  internal
controls; and

6. The  registrant's  other  certifying  officers  and I have  indicated in this
report whether or not there were significant  changes in internal controls or in
other factors that could  significantly  affect internal controls  subsequent to
the date of our most recent  evaluation,  including any corrective  actions with
regard to significant deficiencies and material weaknesses.

Date: July 21, 2003
                          /s/ C. Douglas Davenport
                          _________________________
                          C. Douglas Davenport
                          President, Treasurer, Principal Executive Officer
                          and Principal Financial Officer
                          New Providence Investment Trust