Bath & Body Works, Inc. — Director's Dealing 2016

May 27, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L Brands, Inc. (LB)
CIK: 0000701985
Period of Report: 2016-05-25

Reporting Person: Coe Nicholas (CEO-Bath and Body Works)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-25	Common Stock, $0.50 par value	S	28444.0000	$64.5878	Disposed	9333.0000	Direct

Footnotes

F1: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $64.38 to $65.02. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.