Gap Inc.

May 20, 2009

SAN FRANCISCO – May 20, 2009 – Gap Inc. (NYSE: GPS) today announced that its board of directors voted a quarterly dividend of $0.085 per share payable on July 29, 2009 to shareholders of record at the close of business on July 8, 2009.

About Gap Inc.
Gap Inc. is a leading global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic, Old Navy, Piperlime and Athleta brand names. Fiscal 2008 sales were $14.5 billion. Gap Inc. operates more than 3,100 stores in the United States, the United Kingdom, Canada, France, Japan and Ireland. In addition, Gap Inc. is expanding its international presence with franchise agreements in Asia, Europe, Latin America and the Middle East. For more information, please visit gapinc.com.

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