Gap Inc.

September 28, 2010

SAN FRANCISCO – September 28, 2010 – Gap Inc. (NYSE: GPS) today announced that its Board of Directors voted a quarterly dividend of $0.10 per share payable on October 27, 2010 to shareholders of record at the close of business on October 13, 2010.

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 brands. Fiscal 2009 sales were $14.2 billion. Gap Inc. operates about 3,100 stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan. In addition, Gap Inc. is expanding its international presence with franchise agreements in Asia, Australia, Europe, Latin America, and the Middle East. For more information, please visit www.gapinc.com.

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