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CERTIFICATION OF CHIEF FINANCIAL OFFICER
REGARDING FORM 10-Q FOR QUARTER ENDING

SEPTEMBER 30, 2003, pursuant to CFR, Part 240, Section 13a  14(a) and 15d 
14(a) as adopted pursuant to section 302 of the Sarbanes Oxley Act of 2002.


EXHIBIT 31.2

I, Stephanie Schmitt, certify that:



|1. |  | I have reviewed this quarterly report on Form 10-Q of Specialty Trust,
Inc.                                                                                                                                                                                                                               
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|  
|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 quarterly 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 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;
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|
| | b) |  | Evaluated the effectiveness of the registrants disclosure
controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosures 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 function):
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| | a) |  | All significant deficiencies and material weaknesses in the
design or operation of internal controls over financial reporting
which are reasonably likely to adversely affect the registrants
ability to record, process, summarize and report financial
information; and
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|
| | b) |  | Any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrants
internal controls over financial reporting.                                                                                               

|                      |  |                               |  | 
|--------------------- |  | ----------------------------- |  | 
|/s/ Stephanie Schmitt |  | Dated November 12, 2003      
|                      |  |                              
|Name:                 |  | Stephanie Schmitt             |  | 
|Title:                |  | Chief Financial Officer       |  | 
|                      |  | (Principal financial officer) |  | 

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