**LORETO
      CORPORATION**





**CODE
      OF ETHICS**





**FOR**





**CHIEF
      EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF ACCOUNTING OFFICER OR
      CONTROLLER AND PERSONS PERFORMING SIMILAR FUNCTIONS**





**General
      Philosophy**


The
      honesty, integrity and sound judgment of the Chief Financial Officer, Chief
      Accounting Officer or Controller and persons performing similar functions
      (collectively the “Principal Officers”) of Loreto Corporation (the “Company”) is
      fundamental to our reputation and success. The professional and ethical conduct
      of the Principal Officers is essential to the proper functioning and success
      of
      the Company.





**Applicability**


This
      Code
      of Ethics shall apply to the Company’s Principal Officers.





**Standards
      of Conduct**


To
      the
      best of their knowledge and ability, the Principal Officers shall:





|· | act
              with honesty and integrity, including the ethical handling of actual
              or
              apparent conflicts of interest between personal and professional
              relationships;
|- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




|· | provide
              full, fair, accurate, timely, and understandable disclosure in reports
              and
              documents that the Company files with, or submits to, the Securities
              and
              Exchange Commission (the “SEC”) and in other public communications made by
              the Company;
|- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




|· | comply
              with applicable governmental laws, rules and
              regulations;
|- | --------------------------------------------------------------------------------------------




|· | promote
              the prompt internal reporting of violations of this Code of Ethics
              to the
              Company’s board of directors and outside legal
              counsel;
|- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




|· | respect
              the confidentiality of information acquired in the course of
              employment;
|- | ------------------------------------------------------------------------------------------------------------




|· | maintain
              the skills necessary and relevant to the Company’s needs;
              and
|- | --------------------------------------------------------------------------------------------------




|· | proactively
              promote ethical and honest behavior among employees of the Company
              and its
              subsidiaries.
|- | ----------------------------------------------------------------------------------------------------------------------------------------------




All
      Principal Officers are expected to adhere to the Company’s Code of Ethics. Any
      violation of this Code of Ethics will be subject to appropriate discipline,
      up
      to and including dismissal from the Company and prosecution under the law.
      The
      board of directors shall have responsibility for administration of this Code
      of
      Ethics and shall have the sole and absolute discretionary authority to approve
      any deviation or waiver from this Code of Ethics for Principal Officers. In
      the
      event that a waiver of, modification of and/or change to this Code of Ethics
      is
      approved and granted, then the notice of the waiver, modification, and/or change
      shall be disclosed as may be required by SEC rules or the rules of any exchange
      on which the securities of the Company are then trading.