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# EXHIBIT 12.2

|Certification
of Principal Executive Officer pursuant to 17CFR 240.13a-14(a), as adopted
pursuant to§302 of the Sarbanes-Oxley Act of 2002
|------------------------------------------------------------------------------------------------------------------------------------------

I, Tal Peres, Chief Financial Officer
of Matav  Cable Systems Media Ltd., certify that:

1.
          I have reviewed this annual report on Form 20-F of Matav-Cable Systems Media
          Ltd.;

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 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 report;

4.
          The companys other certifying officer and I are responsible for
          establishing and maintaining disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-14 and 15d-14) and internal control over financial
          reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
          company 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 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.
                     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; and
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | c.
                     Disclosed in this report any change in the companys internal control over
                    financial reporting that occurred during the period covered by this 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 have disclosed, based on our
          most recent evaluation of internal control over financial reporting, to the
          companys auditors and the audit committee of 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.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Date: June 30, 2005

| |  | /s/ Tal Peres
Tal PeresChief Financial Officer
| |  | ------------------------------------------------------------



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