OFFICER'S CERTIFICATE

I, Joseph Fuda, Chief Executive Officer of Micromem Technologies Inc. (the "Issuer") certify that:

1.    

I have reviewed the quarterly filings (as this term is defined in Multilateral Instrument 52-109 Certification of Disclosure in Issuer's Annual and Interim Filings) of the Company for the quarter ending July 31, 2007;

2.    

Based on my knowledge, the quarterly filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, with respect to the period covered by the quarterly filings; and

3.    

Based on my knowledge, the quarterly financial statements together with the other financial information included in the interim filings fairly represent in all material respects the financial condition, results of operations and cash flows of the Company, as of the date and for the periods presented in the quarterly filings.

4.    

The Issuer's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures and internal control over financial reporting for the Issuer, and we have:

a.    

Designed such disclosure controls and procedures, or caused them to be designed under our supervision, to provide reasonable assurance that material information relating to the Issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which the interim filings are being prepared; and

b.    

Designed such internal control over financial reporting, or caused it to be designed under our supervision, to provide reasonable assurance regarding the reliability of financing reporting and the preparation of financial statements for external purposes in accordance with the Issuer's GAAP; and

5.    

I have caused the Issuer to disclosure in the interim MD&A any change in the Issuer's internal control over financial reporting that occurred during the Issuer's most recent interim period that has materially affected, or is reasonably likely to materially affect, the Issuer's internal control over financial reporting.

DATED: September 27, 2007

"Joseph Fuda"                           
Joseph Fuda
Chief Executive Officer
Micromem Technologies Inc.

OFFICER'S CERTIFICATE

I, Dan Amadori, Chief Financial Officer of Micromem Technologies Inc. (the "Issuer") certify that:

1.    

I have reviewed the quarterly filings (as this term is defined in Multilateral Instrument 52-109 Certification of Disclosure in Issuer's Annual and Interim Filings) of the Company for the quarter ending July 31, 2007;

2.    

Based on my knowledge, the quarterly filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, with respect to the period covered by the quarterly filings; and

3.    

Based on my knowledge, the quarterly financial statements together with the other financial information included in the interim filings fairly represent in all material respects the financial condition, results of operations and cash flows of the Company, as of the date and for the periods presented in the annual filings.

4.    

The Issuer's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures and internal control over financial reporting for the Issuer, and we have:

(a)  

Designed such disclosure controls and procedures, or caused them to be designed under our supervision, to provide reasonable assurance that material information relating to the Issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which the interim filings are being prepared; and

(b)  

Designed such internal control over financial reporting, or caused it to be designed under our supervision, to provide reasonable assurance regarding the reliability of financing reporting and the preparation of financial statements for external purposes in accordance with the Issuer's GAAP; and

5.    

I have caused the Issuer to disclosure in the interim MD&A any change in the Issuer's internal control over financial reporting that occurred during the Issuer's most recent interim period that has materially affected, or is reasonably likely to materially affect, the Issuer's internal control over financial reporting.

DATED: September 27, 2007

"Dan Amadori"                         
Dan Amadori
Chief Financial Officer
Micromem Technologies Inc.