**RULE        13a-14(a)/15d-14(a) CERTIFICATIONS**

|  | 1. | I                    have reviewed this quarterly report on Form 10-Q of Medis Technologies                    Ltd. (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. | The                    Registrant’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)) and internal                    control over financial reporting (as defined in Exchange Act                    Rules                    13a-15(f) and 15d-15(f)) for the registrant and                    have: |
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|  | 5. | The                    Registrant’s other certifying officer and I have disclosed, based on our                    most recent evaluation of internal control over financial reporting,                    to                    the Registrant’s auditors and the audit committee of the Registrant’s                    board of directors (or persons performing the equivalent functions): |
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|         | By:                                                                                                                          | /s/ Israel                    Fisher |
|         | Israel                    Fisher                                                                                                       |
|         | Senior                      Vice                      President-Finance and Chief Financial OfficerAugust 4,                      2005 |