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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, Ronit Dulberg, 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 29, 2006

| |  | By: /s/ Ronit Dulberg
Ronit DulbergChief Financial Officer
| |  | ------------------------------------------------------------------------



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