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CERTIFICATIONS

I, Howard Thomson, Chief Executive Officer and Chief Financial Officer of Terrace Ventures Inc. (the Registrant), certify that;

|(1) | I have reviewed this Quarterly Report on Form 10-QSB of the Registrant;                                                                                                                                                                                                                                   
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|(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;
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|(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;                   
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|(4) | I am 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:                                                                                                                              
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|    | a)                                                                                                                                                                                                                                                                                                        
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|    | b)                                                                                                                                                                                                                                                                                                        
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|    | c)                                                                                                                                                                                                                                                                                                        
|(5) | I have disclosed, based on my most recent evaluation of the internal control over financial reporting, 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)                                                                                                                                                                                                                                                                                                        
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|    | b)                                                                                                                                                                                                                                                                                                        

|Date:  | March 21, 2006
      
      /s/ Howard Thomson
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|By:    | HOWARD THOMSON                                
|Title: | Chief Executive Officer                       
|       | Chief Financial Officer                       

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