EXHIBIT 12.1

                                 CERTIFICATIONS

I, Aldo M.N. Petersen, certify that:

1.   I have reviewed this annual report on Form 20-F/A of EuroTrust A/S;

2.   Based on my knowledge, this report does not contain any untrue statement of
     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 company as of, and for, the periods presented in this report;

4.   The  company's  other  certifying  officer(s)  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 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 the 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(s) 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 the 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: November 2, 2005

                                                     /s/ ALDO M.N. PETERSEN
                                                     ---------------------------
                                                     Aldo M.N. Petersen
                                                     Chief Executive Officer