Macy’s, Inc. Board Declares Quarterly Dividend

  Macy’s, Inc. Board Declares Quarterly Dividend

Business Wire

CINCINNATI -- February 22, 2013

The board of directors of Macy's, Inc. (NYSE:M) today declared a regular
quarterly dividend of 20 cents per share on Macy's common stock, payable April
1, 2013, to shareholders of record at the close of business on March 15, 2013.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the
nation’s premier retailers, with fiscal 2012 sales of $27.7 billion. The
company operates about 840 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 operates 12
Bloomingdale’s Outlet stores. Bloomingdale’s in Dubai is operated by Al Tayer
Group LLC under a license agreement.

(NOTE: Additional information on Macy’s, Inc., including past news releases,
is available at www.macysinc.com/pressroom).

Contact:

Macy's, Inc.
Media - Jim Sluzewski, 513-579-7764
or
Investor - Matt Stautberg, 513-579-7780