MACYS INC

Ticker: M CUSIP: 55616P104 Class: Common Stock

TOCQUEVILLE ASSET MANAGEMENT L.P.'s Holding History (CIK: 0000883961)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 381,508 Value ($000) $13,662 Avg Close $38.89 Range $34.80 - $45.41

Q3 2016

Shares 425,790 Value ($000) $15,776 Avg Close $36.24 Range $31.02 - $40.98

Q2 2016

Shares 461,992 Value ($000) $15,528 Avg Close $35.81 Range $29.94 - $44.07

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	381,508	$13,662	$38.89	$34.80 - $45.41
Q3 2016	425,790	$15,776	$36.24	$31.02 - $40.98
Q2 2016	461,992	$15,528	$35.81	$29.94 - $44.07