Bath & Body Works, Inc. — Director's Dealing 2017

May 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L Brands, Inc. (LB)
CIK: 0000701985
Period of Report: 2017-05-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-17	Common Stock, $0.50 par value	A	75658.0000	$0.0000	Acquired	75658.0000	Direct
2017-05-17	Common Stock, $0.50 par value	F	35819.0000	$48.4000	Disposed	39839.0000	Direct
2017-05-19	Common Stock, $0.50 par value	S	39839.0000	$48.8800	Disposed	0.0000	Direct

Footnotes

F1: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $48.53 to $49.33. 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.