| 1. | I      have reviewed this annual report on Form 10-K of Clearfield,      Inc.; |
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| 2. | Based      on my knowledge, this annual 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      annual report; |
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| 3. | Based      on my knowledge, the financial statements, and other financial information      included in this annual report, fairly represent 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 annual      report; |
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| 4. | Clearfield,      Inc.’s other certifying officers and I are responsible for establishing      and maintaining disclosure controls and procedures (as defined in Exchange      Act Rules 13a and 15(e)) for Clearfield, Inc. and we  have: |
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|   | a) | Designed      such disclosure controls and procedures to ensure that material      information relating to Clearfield, Inc.;, Inc., including its      consolidated subsidiaries, is made known to us by others within those      entities, particularly during the period in which this annual report is      being prepared; |
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|   | b) | Designed      such internal control over financial reporting, or caused such internal      control over financial reporting to be designed under our supervision, to      provide reasonable assurance regarding the reliability of financial      reporting and the preparation of financial statements for external      purposes in accordance with generally accepted accounting      principles; |
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|   | c) | Evaluated      the effectiveness of our disclosure controls and procedures as of a date      and presented in this annual report our conclusions about the      effectiveness of the disclosure controls and procedures based on our      evaluation; and |
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|   | d) | Disclosed      in this report any change in Clearfield, Inc.’s internal control financial      reporting that occurred during the most recent fiscal quarter that has      materially affected, or is reasonably likely to materially affect, the      Company’s control over financial  reporting. |
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| 5. | Clearfield,      Inc.’s other certifying officers and I have disclosed, based on our most      recent evaluation of internal control over financial reporting, to our      auditors and the audit committee of our board of  directors: |
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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 Clearfield, Inc.’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. |
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| /s/ Bruce G. Blackey         |   |
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| Bruce      G. Blackey        |   |
| Chief      Financial Officer |   |