Butch Graves of Ohio registered this seedling of H. 'Christmas Tree Gala' × H. 'Olga' in 2015. A medium size (11 inches high by 21 inches wide) hosta, 'Frilly Lady' has light green foliage that has a creamy white marginal variegation. The leaves are broadly ovate, deeply wavy, serrated at the edges and dull on top. Near white, tubular flowers bloom in July followed by viable seeds.