EXHIBIT 31.2

                                  CERTIFICATION
                                  -------------
            PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Neal E. Murphy, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of International
   Specialty Holdings Inc.;

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 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)) and 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 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 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:   November 11, 2003

        /s/ Neal E. Murphy
        ------------------
Name:   Neal E. Murphy
Title:  Senior Vice President and Chief Financial Officer