Exhibit 99.2

CERTIFICATIONS

I, James E. LaCrosse, certify that:

|1. | I have reviewed this annual
               report on Form 10-K of National Wine & Spirits, Inc.;
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|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;
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|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;
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|4. | As the registrants
               certifying officer, 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:
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| | 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
               annual report is being prepared;
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| | 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
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| | 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;
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|5. | I have disclosed, based on my
               most recent evaluation, to the registrants auditors and the audit
               committee of registrants board of directors (or persons performing the
               equivalent functions):
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| | 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; and
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| | 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
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|6. | I have indicated in this
               annual report whether 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.
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Date:  June 30, 2003

|By:  /s/  James E. LaCrosse
James E. LaCrosse
Chief Executive Officer and
Chief Financial Officer | 
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