**EXHIBIT 31.2****CERTIFICATION**I, Gregg A. Waldon, Executive Vice President, Chief FinancialOfficer, Secretary and Treasurer, certify that:     1. I have reviewed this annual report on Form 10-K ofStellent, Inc.;     2. Based on my knowledge, this report does not contain anyuntrue statement of a material fact or omit to state a materialfact necessary to make the statements made, in light of thecircumstances under which such statements were made, notmisleading with respect to the period covered by this report;     3. Based on my knowledge, the financial statements, andother financial information included in this report, fairlypresent in all material respects the financial condition,results of operations and cash flows of the Company as of, andfor, the periods presented in this report;     4. The Company’s other certifying officer and I areresponsible for establishing and maintaining disclosure controlsand procedures (as defined in Exchange Act Rules 13a-15(e)and 15d-15(e)) and internal control over financial reporting (asdefined in Exchange Act Rules 13a-15(f) and 15d-15(f)) forthe Company and we 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) 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;           (c) 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;           (d) disclosed in this report any change in the    Company’s internal control over financial reporting that    occurred during the Company’s most recent fiscal quarter    (the Company’s fourth fiscal quarter in the case of an    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 and I havedisclosed, based on our most recent evaluation of internalcontrol over financial reporting, to the Company’s auditorsand the audit committee of the Company’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    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 control over financial reporting.     /s/ Gregg A. Waldon           Gregg A. Waldon *Executive Vice President,* *Chief Financial Officer,* *Secretary and Treasurer*Date: June 14, 2005