MACYS INC

Ticker: M CUSIP: 55616P104 Class: Common Stock

NS Partners Ltd's Holding History (CIK: 0001657111)

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

Q1 2017

Shares 147,154 Value ($000) $4,362 Avg Close $30.90 Range $27.72 - $36.40

Q4 2015

Shares 27,015 Value ($000) $945 Avg Close $43.33 Range $34.05 - $52.48

Q3 2015

Shares 102,777 Value ($000) $5,275 Avg Close $62.72 Range $49.72 - $73.61

Q2 2015

Shares 103,375 Value ($000) $6,975 Avg Close $67.58 Range $62.80 - $71.10

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	147,154	$4,362	$30.90	$27.72 - $36.40
Q4 2015	27,015	$945	$43.33	$34.05 - $52.48
Q3 2015	102,777	$5,275	$62.72	$49.72 - $73.61
Q2 2015	103,375	$6,975	$67.58	$62.80 - $71.10