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Exhibit 12.2

Chief Financial Officer Certification

Required by Rules 13a-14(a) and 15d-14(a) under the
Securities Exchange Act of 1934, as amended

I, Moshe Amit, certify
that:

1. I have reviewed this
annual report on Form 20-F of Camtek Ltd.;

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
annual 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 companys other
certifying officer(s) 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)) for the company 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 company, 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 company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 companys internal control over
financial reporting that occurred during the period covered by the annual
report that has materially affected, or is reasonably likely to materially
affect, the companys internal control over financial reporting, and

5. The companys other
certifying officer(s) and I have disclosed, based on our most recent
evaluation, to the companys auditors and the audit committee of companys
board of directors (or persons performing the equivalent function):

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 company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 companys internal controls over financial
reporting.

|                    |                    |                               
|------------------- | ------------------ | ------------------------------
|Date: June 30, 2005 |                    |                               
|                    | By: /s/ Moshe Amit
|                    |                   
|                    | Name:              | Moshe Amit                    
|                    | Title:             | Executive Vice President
  and
|                    |                    | Chief Financial Officer       



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