|CUSIP Number||Title of Security||Acceptance Priority Level (1)||Aggregate Principal Amount Outstanding||Principal Amount Tendered||Principal Amount Accepted for Purchase||Final Proration Factor (2)|
|314275AA6||5.90% Senior Notes due 2016||1||$976,966,000||$696,175,000||$400,000,000||57.5%|
|577778BF9||7.45% Debentures due 2016||2||$122,700,000||$63,734,000||$63,734,000||100.0%|
|577778AX1||7.50% Debentures due 2015||3||$100,000,000||$31,011,000||$31,011,000||100.0%|
|55616XAE7||7.875% Senior Notes due 2015||4||$611,875,000||$387,177,000||$205,255,000||53.0%|
The consideration for the Notes accepted for purchase, as calculated by the Dealer Managers and announced on November 13, 2012, plus accrued and unpaid interest, will be paid today, November 28, 2012. Notes that have been tendered but not accepted will be promptly returned to the tendering parties.Credit Suisse Securities (USA) LLC served as the Coordinating Dealer Manager and BofA Merrill Lynch and J.P. Morgan Securities LLC served as the other Dealer Managers for the tender offer. Global Bondholder Services Corporation is the Information Agent and the Depositary. Persons with questions regarding the tender offer should contact Credit Suisse Securities (USA) LLC at (toll-free) (800) 820-1653, BofA Merrill Lynch at (toll-free) (888) 292-0070 and J.P. Morgan Securities LLC at (toll-free) (866) 834-4666. Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2011 sales of $26.4 billion. The company operates about 840 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s, as well as the macys.com and bloomingdales.com websites. The company also operates 12 Bloomingdale’s Outlet stores. All statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of Macy’s management and are subject to significant risks and uncertainties. Actual results could differ materially from those expressed in or implied by the forward-looking statements contained in this release because of a variety of factors, including conditions to, or changes in the timing of, proposed transactions, changes in the conditions of the securities markets, particularly the markets for debt securities and other factors identified in documents filed by Macy’s with the Securities and Exchange Commission.
(NOTE: Additional information on Macy’s, Inc., including past news releases, is available at www.macysinc.com/pressroom).