PRINCIPAL FINANCIAL OFFICER CERTIFICATION        PURSUANT TO SECTION 302 OFTHE SARBANES-OXLEY ACT OF 2002
I, Todd        R. Fry, certify that:

1.     I have reviewed        this Annual Report on Form 10-K of Champion Industries, Inc.;

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 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 registrant's        other certifying officers 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 registrant 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 registrant, 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 registrant'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; andc)     Disclosed in this        report any change in the registrant's internal control over financial        reporting that occurred during the registrant's most recent fiscal quarter        (the registrant's fourth fiscal quarter in the case of an annual report)        that has materially affected, or is reasonably likely to materially affect,        the registrant's internal control over financial reporting;  and
5.     The registrant's        other certifying officers and I have disclosed, based on our most recent        evaluation of internal control over financial reporting, to the registrant's        auditors and the audit committee of the registrant'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 registrant's ability to record, process, summarize and report financial        information; andb)    Any fraud, whether or        not material, that involves management or other employees who have a significant        role in the registrant's internal control over financial reporting.
Date:         January 17, 2005

/s/        Todd R. Fry

Todd R.        Fry

Vice President        & Chief Financial Officer