Exhibit 32.1
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                         CERTIFICATIONS

     I,  Wm.  Lee  Popham, Chairman and CEO of Admiral  Financial
     Corp., hereby certify that:

     1.    I  have  reviewed this annual report on  Form  10K  of
     Admiral Financial Corp.;

     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;

     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
     annual report;

     4.    I  am  responsible  for establishing  and  maintaining
     disclosure  controls and procedures (as defined in  Exchange
     Act Rules 13a-14 and 15d-14) for the registrant and I have:

           (a)   designed such disclosure controls and procedures
     to   ensure  that  material  information  relating  to   the
     registrant, including its consolidated subsidiaries, is made
     known  to  me  by others within those entities, particularly
     during  the  period  in which this annual  report  is  being
     prepared;

           (b)   evaluated the effectiveness of the  registrant's
     disclosure  controls and procedures as of a date  within  90
     days  prior  to the filing date of this annual  report  (the
     "Evaluation Date"); and

           (c)   presented  in this annual report my  conclusions
     about  the  effectiveness  of the  disclosure  controls  and
     procedures based on my evaluation as of the Evaluation Date;


     5.    I  have disclosed, based on my most recent evaluation,
     to the registrant's accountant and to the registrant's board
     of   directors   (or  persons  performing   the   equivalent
     function):


           (a)   all  significant deficiencies in the  design  or
     operation of internal controls which could adversely  affect
     the  registrant's ability to record, process, summarize  and
     report   financial   data  and  have  identified   for   the
     registrant's accountant any material weaknesses in  internal
     controls; and

           (b)  any fraud, whether or not material, that involves
     management or other employees who have a significant role in
     the registrant's internal controls; and


     6.    I have indicated in this annual report whether or  not
     there  were significant changes in internal controls  or  in
     other  factors  that  could  significantly  affect  internal
     controls   subsequent  to  the  date  of  my   most   recent
     evaluation, including any corrective actions with regard  to
     significant deficiencies and material weaknesses.

     Date: September 29, 2003        By: /s/Wm. Lee Popham
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                                        Wm. Lee Popham, Chairman,
                                        CEO and CFO