NEW LIFE SCIENTIFIC, INC. FINANCIAL CODE OF ETHICS  As a public company, it is of critical importance that New Life Scientific,
Inc.(New Life Scientific) filings with the Securities and Exchange
Commission be accurate and timely. Depending on their position with New Life
Scientific, employees may be called upon to provide information to assure that
New Life Scientifics public reports are complete, fair, and
understandable. New Life Scientific expects all of its employees to take this
responsibility seriously and to provide prompt and accurate answers to inquiries
related to New Life Scientifics public disclosure requirements.  New Life Scientific, Inc. Finance Department bears a special responsibility for
promoting integrity throughout New Life Scientific, with responsibilities to
stakeholders both inside and outside of New Life Scientific. The Chief Executive
Officer (CEO), Chief Financial Officer (CFO), and Finance Department personnel
have a special role both to adhere to the principles of integrity and also to
ensure that a culture exists throughout New Life Scientific as a whole that ensures
the fair and timely reporting of New Life Scientifics financial results and
conditions. Because of this special role, the CEO, CFO, and all members of
New Life Scientifics Finance Department are bound byNew Life Scientifics Financial Code of Ethics, and by accepting the
Financial Code of Ethics, each agrees that they will:  -
Act with honesty and integrity, avoiding actual or actual conflicts of interest
in personal and professional relationships..-
Provide information that is accurate, complete, objective, relevant, timely and
understandable to ensure full, fair, accurate, timely, and understandable
disclosure in the reports and documents that New Life Scientific files with, or
submits to, government agencies and in other public communications.-
Comply with the rules and regulations of federal, state and local governments,
and other appropriate private and public regulatory agencies.-
Act in good faith, responsibly, with due care, competence and diligence, without
misrepresenting material facts or allowing ones independent judgment to be
subordinated.-
Respect the confidentiality of information acquired in the course of ones
work, except when authorized or otherwise legally obligated to disclose.
Confidential information acquired in the course of ones work will not be
used for personal advantage.-
Share job knowledge and maintain skills important and relevant to stakeholders
needs.-
Proactively promote and be an example of ethical behavior as a responsible
partner among peers, in the work environment and in the community.-
Achieve responsible use of, and control over, all New Life Scientific assets and
resources employed by, or entrusted to yourself, and your department.     -
Receive the full and active support and cooperation of New Life Scientifics
Officers, Sr. Staff, and all employees in the adherence to this Financial Code
of Ethics.-
Promptly report to the CEO or CFO any conduct believed to be in violation of law
or business ethics or in violation of any provision of this Code of Ethics,
including any transaction or relationship that reasonably could be expected to
give rise to such a conflict. Further, to promptly report to the Chair of
New Life Scientifics Audit Committee such conduct if by the CEO or CFO or if
they fail to correct such conduct by others in a reasonable period of
time.