EX-99. CERT

                      CERTIFICATION PURSUANT TO SECTION 302
                        OF THE SARBANES-OXLEY ACT OF 2002

--------------------------------------------------------------------------------

I, Thomas G. Sorrell, President of The Park Avenue Portfolio, certify that:

    1.  I have reviewed this report on Form N-CSR of The Park Avenue Portfolio;

    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; and

    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, changes in
        net assets, and cash flows (if the financial statements are required
        to include a statement of cash flows) of the registrant as of, and
        for, the periods presented in this report.

      Date: March 6, 2003

                                     /s/ Thomas G. Sorrell
                                     ---------------------------
                                     Thomas G. Sorrell,
                                     President of
                                     The Park Avenue Portfolio



EX-99. CERT

                      CERTIFICATION PURSUANT TO SECTION 302
                        OF THE SARBANES-OXLEY ACT OF 2002

--------------------------------------------------------------------------------

I, Frank L. Pepe, Vice President and Treasurer of The Park Avenue Portfolio,
certify that:

   1.  I have reviewed this report on Form N-CSR of The Park Avenue Portfolio;

   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; and

   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, changes in
       net assets, and cash flows (if the financial statements are required
       to include a statement of cash flows) of the registrant as of, and
       for, the periods presented in this report.

      Date: March 6, 2003

                                     /s/ Frank L. Pepe
                                     ----------------------------
                                     Frank L. Pepe,
                                     Vice President and Treasurer
                                     The Park Avenue Portfolio






































Exhibit 99.1

    Certification Pursuant to 18 U.S.C. 1350, as Adopted Pursuant to Section 906
of the Sarbanes-Oxley Act of 2002

In connection with the Report of The Park Avenue Portfolio (the "Portfolio") on
Form N-CSR for the fiscal year ended December 31, 2002 as filed with the
Securities and Exchange Commission on the date hereof (the "Report"), I, Thomas
G. Sorell, President of the Portfolio, certify that:

   1.  The Report fully complies with the requirements of Section 13(a) or
       15(d) of the Securities Exchange Act of 1934; and

   2.  The information contained in the Report fairly presents, in all
       material respects, the financial condition and results of operations of
       the Portfolio.

Dated: March 6, 2003

                                    /s/ Thomas G. Sorell
                                    -------------------------
                                    Thomas G. Sorell,
                                    President of
                                    The Park Avenue Portfolio


Exhibit 99.1

    Certification Pursuant to 18 U.S.C. 1350, as Adopted Pursuant to Section 906
of the Sarbanes-Oxley Act of 2002


In connection with the Report of The Park Avenue Portfolio (the "Portfolio") on
Form N-CSR for the fiscal year ended December 31, 2002 as filed with the
Securities and Exchange Commission on the date hereof (the "Report"), I, Frank
L. Pepe, Vice President and Treasurer of the Portfolio, certify that:

   1.  The Report fully complies with the requirements of Section 13(a) or 15(d)
       of the Securities Exchange Act of 1934; and

   2.  The information contained in the Report fairly presents, in all
       material respects, the financial condition and results of operations of
       the Portfolio.

Dated: March 6, 2003

                                     /s/ Frank L. Pepe
                                     -------------------------------
                                     Frank L. Pepe,
                                     Vice President and Treasurer of
                                     The Park Avenue Portfolio