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                    CERTIFICATION OF CHIEF EXECUTIVE OFFICER

I, Marc R. Wilkow, certify that:

         1. I have reviewed this quarterly report on Form 10-Q of First Wilkow
         Venture;

         2. Based on my knowledge, this quarterly 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 quarterly report;

         3. Based on my knowledge, the financial statements, and other
         financial information included in this quarterly 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 quarterly 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-14 and
         15d-14) for the Registrant and we 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 us
                  by others within those entities, particularly during the
                  period in which this quarterly 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 quarterly report (the "Evaluation
                  Date"); and

                  c. presented in this quarterly report our conclusions about
                  the effectiveness of the disclosure controls and procedures
                  based on our evaluation as of the Evaluation Date;

         5. The Registrant's other certifying officers and I have disclosed,
         based on our most recent evaluation, to the Registrant's auditors and
         the audit committee of 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
                  auditors any material weaknesses in internal controls;

                  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. The Registrant's other certifying officers and I have indicated in
         this quarterly 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 our most recent evaluation,
         including any corrective actions with regard to significant
         deficiencies and material weaknesses.

      /s/ Marc R. Wilkow
      -----------------------
      Marc R. Wilkow
      Chief Executive Officer
      DATED: August 12, 2005


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