-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RpnLzjC6GEo1wBEdftpkTXctBoJlxLptfpmcNpriVDvDh8RXXXZ2Mr8/IyXqQalM
 kBAldrPb/D6VTPVpXspC3w==

<SEC-DOCUMENT>0001181431-10-024853.txt : 20100506
<SEC-HEADER>0001181431-10-024853.hdr.sgml : 20100506
<ACCEPTANCE-DATETIME>20100506161158
ACCESSION NUMBER:		0001181431-10-024853
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100506
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100506
DATE AS OF CHANGE:		20100506

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GAP INC
		CENTRAL INDEX KEY:			0000039911
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FAMILY CLOTHING STORES [5651]
		IRS NUMBER:				941697231
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07562
		FILM NUMBER:		10808274

	BUSINESS ADDRESS:	
		STREET 1:		TWO FOLSOM STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105
		BUSINESS PHONE:		4159524400

	MAIL ADDRESS:	
		STREET 1:		TWO FOLSOM STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GAP STORES INC
		DATE OF NAME CHANGE:	19850617
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>rrd274634.htm
<TEXT>

<html>
	<head>
		<meta content="text/html; charset=iso-8859-1">
		<title>
			Prepared By R.R. Donnelley Financial -- Form 8-K
		</title>
	</head>
	<body Bgcolor="white">
		<hr Size="4" Noshade Color="#000000" Align="left">
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="4" Color="#000000">
				<b>UNITED STATES </b>
			</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="4" Color="#000000">
				<b>SECURITIES AND EXCHANGE COMMISSION</b>
			</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="2" Color="#000000">
				<b>Washington, D.C. 20549</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="5" Color="#000000">
				<b>Form 8-K </b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="4" Color="#000000">
				<b>CURRENT REPORT</b>
			</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="4" Color="#000000">
				<b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="3" Color="#000000">
				<b>Date of Report (Date of earliest event reported):&nbsp;&nbsp;05/06/2010 </b>
			</font>
		</div>


		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="5" Color="#000000">
				<b>The Gap, Inc.</b>
			</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="2" Color="#000000">
				<b>(Exact name of registrant as specified in its charter)</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="3" Color="#000000">
				<b>Commission File Number:&nbsp;&nbsp;1-7562</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<table Cellspacing="0" Cellpadding="0" Width="100%" Border="0">
				<tr>
					<td Valign="bottom" Width="59%" Align="center">
						<div Align="center">
							<font Face="times New Roman" Size="3" Color="#000000">
								<b>Delaware</b>
							</font>
						</div>
					</td>
					<td Valign="bottom" Width="3%">
						<font Face="times New Roman" Size="1">
							&nbsp;&nbsp;
						</font>
					</td>
					<td Valign="bottom" Width="59%" Align="center">
						<div Align="center">
							<font Face="times New Roman" Size="3" Color="#000000">
								<b>94-1697231</b>
							</font>
						</div>
					</td>
				</tr>
				<tr>
					<td Valign="top" Align="center" Width="59%">
						<div Style="margin-left:2%; Text-indent:-2%" Align="center">
							<font Face="times New Roman" Size="2" Color="#000000">
								<b>(State or other jurisdiction of</b>
							</font>
						</div>
					</td>
					<td Valign="bottom" Width="3%">
						<font Face="times New Roman" Size="1">
							&nbsp;&nbsp;
						</font>
					</td>
					<td Valign="bottom" Align="center" Width="59%">
						<div Align="center">
							<font Face="times New Roman" Size="2" Color="#000000">
								<b>(IRS Employer</b>
							</font>
						</div>
					</td>
				</tr>
				<tr>
					<td Valign="top" Align="center" Width="59%">
						<div Style="margin-left:2%; Text-indent:-2%" Align="center">
							<font Face="times New Roman" Size="2" Color="#000000">
								<b>incorporation)</b>
							</font>
						</div>
					</td>
					<td Valign="bottom" Width="3%">
						<font Face="times New Roman" Size="1">
							&nbsp;&nbsp;
						</font>
					</td>
					<td Valign="bottom" Align="center" Width="59%">
						<div Align="center">
							<font Face="times New Roman" Size="2" Color="#000000">
								<b>Identification No.)</b>
							</font>
						</div>
					</td>
				</tr>
			</table>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="3" Color="#000000">
				<b>2 Folsom Street</div><div Align="center">San Francisco, CA 94105</b>
			</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="2" Color="#000000">
				<b>(Address of principal executive offices, including zip code)</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="3" Color="#000000">
				<b>(650) 952-4400</b>
			</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="2" Color="#000000">
				<b>(Registrant&#146;s telephone number, including area code)</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="3" Color="#000000">
				<b> </b>
			</font>
		</div>
		<div Align="center">
			<font Face="times New Roman" Size="2" Color="#000000">
				<b>(Former name or former address, if changed since last report)</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>


	<div Align="left">
		<font Face="times New Roman" Size="2" Color="#000000">
			<b>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:<BR><BR></b>
		</font>
	</div>


	<div Align="left">
		<font Face="times New Roman" Size="2" Color="#000000">
			<b>[&nbsp;&nbsp;]&nbsp;&nbsp;
			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
			[&nbsp;&nbsp;]&nbsp;&nbsp;
			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
			[&nbsp;&nbsp;]&nbsp;&nbsp;
			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
			[&nbsp;&nbsp;]&nbsp;&nbsp;
			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
			</b>
		</font>
	</div>


	<div>
		<font Size="1">&nbsp;</font>
	</div>
	<hr Size="4" Noshade Color="#000000" Align="left">
	<p Style='page-break-before:always'>
	<p Align="center">


		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div align="left">
			<font Face="times New Roman" Size="2" Color="#000000">
				<b>Item 2.02.&nbsp;&nbsp;&nbsp;&nbsp;Results of Operations and Financial Condition</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div  align="left" Style="text-indent:4%">
			<font Face="times New Roman" Size="2" Color="#000000">
				On May 6, 2010, The Gap, Inc. (the "Company") issued a press release announcing the Company's sales for the fiscal month and quarter ended May 1, 2010.  A copy of this press release is attached hereto as Exhibit 99.1.
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>


		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div align="left">
			<font Face="times New Roman" Size="2" Color="#000000">
				<b>Item 7.01.&nbsp;&nbsp;&nbsp;&nbsp;Regulation FD Disclosure</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div  align="left" Style="text-indent:4%">
			<font Face="times New Roman" Size="2" Color="#000000">
				Gap Inc. will release its first quarter earnings via press release on May 20, 2010, at 1:00 p.m. Pacific Time. In addition, the company will host a summary of Gap Inc.'s first quarter results in a live conference call and webcast at approximately 2:00 p.m. Pacific Time. The conference call can be accessed by calling 1-800-374-0168 and international callers may dial 706-634-0994. The webcast can be accessed at www.gapinc.com.<p>For more detailed information regarding the company's April 2010 sales, please call 1-800-GAP-NEWS (1-800-427-6397) to listen to Gap Inc.'s monthly sales recording. International callers may call 706-634-4421.
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>


		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div align="left">
			<font Face="times New Roman" Size="2" Color="#000000">
				<b>Item 9.01.&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits</b>
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>
		<div  align="left" Style="text-indent:4%">
			<font Face="times New Roman" Size="2" Color="#000000">
				99.1&nbsp;&nbsp;&nbsp;Press Release dated May 6, 2010
			</font>
		</div>
		<div>
			<font Size="1">&nbsp;</font>
		</div>


	<hr  Size="3" Color="#cceeff" Width="100%" Align="center">
	<p Align="center"><font Size="2">&nbsp;</font>
	<div Align="center">
		<font Face="times New Roman" Size="2" Color="#000000">
			<b>SIGNATURES</b>
		</font>
	</div>
	<div>
		<font Size="1">&nbsp;</font>
	</div>
	<div align="left" Style="text-indent:4%">
		<font Face="times New Roman" Size="2" Color="#000000">
			Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
			duly authorized.
		</font>
	</div>
	<div>
		<font Size="1">&nbsp;</font>
	</div>
	<div>
		<table Cellspacing="0" Cellpadding="0" Width="100%" Border="0">


			<tr>
				<td Valign="top" Colspan="3" Width="53%">
					&nbsp;
				</td>
				<td Valign="bottom" Width="3%">
					&nbsp;
				</td>
				<td>
					&nbsp;
				</td>
				<td Valign="bottom" Width="3%">
					&nbsp;
				</td>
				<td Valign="top" Align="center" Width="3%">
					&nbsp;
				</td>
				<td Valign="bottom" Width="3%">
					&nbsp;
				</td>
				<td Valign="top" Width="53%">
					<div Style="margin-left:2%; Text-indent:-2%">
						<font Face="times New Roman" Size="2" Color="#000000">
							The Gap, Inc.
						</font>
					</div>
				</td>
			</tr>
			<tr>
				<td>
					&nbsp;
				</td>
			</tr>
			<tr>
				<td>
					&nbsp;
				</td>
			</tr>
			<tr>
				<td Valign="top" Colspan="3" Width="53%">
					<div Style="margin-left:2%; Text-indent:-2%">
						<font Face="times New Roman" Size="2" Color="#000000">
							Date: May 06, 2010
						</font>
					</div>
				</td>
				<td Valign="bottom" Width="3%">
					&nbsp;
				</td>
				<td>
					&nbsp;
				</td>
				<td Valign="bottom" Width="3%">
					&nbsp;
				</td>
				<td Valign="top" Align="center" Width="3%">
					<div Align="center">
						<font Face="times New Roman" Size="2" Color="#000000">
							By:
						</font>
					</div>
				</td>
				<td Valign="bottom" Width="3%">
					&nbsp;
				</td>
			<td Valign="top" Width="53%">
				<div Style="margin-left:2%; Text-indent:-2%">
					<font Face="times New Roman" Size="2" Color="#000000">
						/s/&nbsp;&nbsp;&nbsp;&nbsp;Sabrina Simmons</font>
				</div>
				<hr Noshade Align="left" Color="#000000">
			</td>
		</tr>
		<tr>
			<td>
				&nbsp;
			</td>
			<td Valign="bottom" Width="3%">
				&nbsp;
			</td>
			<td>
				&nbsp;
			</td>
			<td Valign="bottom" Width="3%">
				&nbsp;
			</td>
			<td>
				&nbsp;
			</td>
			<td Valign="bottom" Width="3%">
				&nbsp;
			</td>
			<td>
				&nbsp;
			</td>
			<td Valign="bottom" Width="3%">
				&nbsp;
			</td>
			<td Valign="bottom" Width="53%">
				<div Style="margin-left:2%; Text-indent:-2%">
					<font Face="times New Roman" Size="2" Color="#000000">
						Sabrina Simmons</font>
				</div>
			</td>
		</tr>
		<tr>
			<td>
				&nbsp;
			</td>
			<td Valign="bottom" Width="3%">
				&nbsp;
			</td>
			<td>
				&nbsp;
			</td>
			<td Valign="bottom" Width="3%">
				&nbsp;
			</td>
			<td>
				&nbsp;
			</td>
			<td Valign="bottom" Width="3%">
				&nbsp;
			</td>
			<td>
				&nbsp;
			</td>
			<td Valign="bottom" Width="3%">
				&nbsp;
			</td>
			<td Valign="bottom" Width="53%">
				<div>
					<font Face="times New Roman" Size="2" Color="#000000">
						Executive Vice President and Chief Financial Officer
					</font>
				</div>
			</td>
		</tr>
		<tr>
			<td>
				&nbsp;
			</td>
		</tr>
		<tr>
			<td>
				&nbsp;
			</td>
		</tr>


	</table>
</div>


		<p Style='page-break-before:always'>
		<hr  Size="3" Color="#cceeff" Width="100%" Align="center">
		<p Align="center"><font Size="2">&nbsp;</font>
		<div Align="center">
			<font Face="times New Roman" Size="2" Color="#000000">
			<b>EXHIBIT INDEX</b>
		</font>
		</div>
		<div>
			&nbsp;
		</div>
		<div Align="center">
			<table Cellspacing="0" Cellpadding="0" Width="100%" Border="0">
				<tr>
					<td Valign="top" Align="left">
						<div Align="left">
							<font Face="times New Roman" Size="2" Color="#000000">
								<b>Exhibit&nbsp;No.</b>
							</font>
						</div>
						<hr Size="2" Noshade Width="48" Color="#000000">
					</td>
					<td Valign="top" Width="3%" Align="left">
						<font Face="times New Roman" Size="2">&nbsp;&nbsp;</font>
					</td>
					<td Valign="top" Width="100%" Align="left">
						<div>
							<font Face="times New Roman" Size="2" Color="#000000">
								<b>Description</b></font>
						</div>
						<hr Size="2" Noshade Width="73" Align="left" Color="#000000">
					</td>
				</tr>


				<tr>
					<td Valign="top" Align="left">
						<div Align="top">
							<font Face="times New Roman" Size="1" Color="#000000">
								EX-99.1
							</font>
						</div>
					</td>
					<td Valign="top" Width="3%" Align="left">
						<font Face="times New Roman" Size="2">&nbsp;&nbsp;</font>
					</td>
					<td Valign="top" Width="100%" Align="left">
						<div>
							<font Face="times New Roman" Size="2" Color="#000000">
								Press Release dated May 6, 2010</font>
						</div>
					</td>
				</tr>


		</table>
			</div>


	</body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>rrd274634_32056.htm
<DESCRIPTION>PRESS RELEASE DATED MAY 6, 2010
<TEXT>
<HTML>
<HEAD>
<TITLE>GAP INC</TITLE>
<META NAME="_AdHocReviewCycleID" CONTENT="2089645615">
<META NAME="_EmailSubject" CONTENT="Approved April Sales Release ">
<META NAME="_AuthorEmail" CONTENT="Kris_Marubio@gap.com">
<META NAME="_AuthorEmailDisplayName" CONTENT="Kris Marubio">
</HEAD>
<BODY LINK="#0000ff">
<B><FONT FACE="Arial" SIZE=2><FONT FACE="Arial" SIZE=2><P ALIGN="RIGHT">Exhibit 99.1</P>
<P>&nbsp;</P>
<P ALIGN="CENTER">GAP INC. REPORTS APRIL SALES</P>
</FONT></FONT><I><FONT FACE="Arial" SIZE=3><FONT FACE="Arial" SIZE=3><P ALIGN="CENTER">Company Guides Q1 EPS of $0.43 to $0.44, 40% Increase from Q1 2009</P>
</I></FONT></FONT><FONT FACE="Arial" SIZE=2><FONT FACE="Arial" SIZE=2>
<P>SAN FRANCISCO - May 6, 2010 - </B>Gap Inc. (NYSE: GPS) today reported net sales of $1.05 billion for the four-week period ended May 1, 2010, which was flat compared with net sales of $1.05 billion for the four-week period ended May 2, 2009. The company's comparable store sales for April 2010 were down 3 percent compared with a 4 percent decrease in April 2009.</P>
<P>In addition, the company reported that net sales for the first quarter, which ended May 1, 2010, grew 6 percent to $3.33 billion compared with $3.13 billion for the first quarter last year. The company's first quarter comparable store sales increased 4 percent compared with a decrease of 8 percent in the first quarter of the prior year.</P>
<P><A NAME="OLE_LINK1"><A NAME="OLE_LINK2">&quot;With sales growth across all of our brands and significantly improved earnings, we are very pleased with our first quarter performance,&quot; said Sabrina Simmons, chief financial officer of Gap Inc. </P>
<B><P><A NAME="OLE_LINK3"></A></A>First Quarter Guidance </P>
</B><P>The company expects diluted earnings per share for the first quarter of fiscal year 2010 to be $0.43 to $0.44, which is an increase of about 40 percent compared with $0.31 for the first quarter last year and exceeds the current First Call estimate of $0.40.  The expected first quarter diluted earnings per share includes a benefit of about $0.02 related to the favorable resolution of tax uncertainties in the quarter.&nbsp;Though the company experienced tax favorability in the first quarter, it continues to expect an effective tax rate of about 39 percent for the full year. <BR>
</A></P>
<B><P>First Quarter Comparable Store Sales Results </P>
</B>
<UL>
<LI>Gap North America:  positive 2 percent versus negative 12 percent last year<BR>
</LI>
<LI>Banana Republic North America:  positive 5 percent versus negative 13 percent last year<BR>
</LI>
<LI>Old Navy North America:  positive 7 percent versus negative 3 percent last year<BR>
</LI>
<LI>International:  flat versus negative 4 percent last year<BR>
</LI></UL>
<B><P>April Comparable Store Sales Results </P>
<UL>
</B><LI>Gap North America:  negative 6 percent versus negative 10 percent last year<BR>
</LI>
<LI>Banana Republic North America:  negative 2 percent versus negative 8 percent last year<BR>
</LI>
<LI>Old Navy North America:  negative 1 percent versus positive 1 percent last year<BR>
</LI>
<LI>International:  negative 5 percent versus negative 2 percent last year<BR>
</LI></UL>
<B><P>May Sales</P>
</B><P>The company will report May sales on June 3, 2010.</P>
<B>
<P>Forward-Looking Statements</P>
</B>
<P>This press release and related recording contain forward-looking statements within the &quot;safe harbor&quot; provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as &quot;expect,&quot; &quot;anticipate,&quot; &quot;believe,&quot; &quot;estimate,&quot; &quot;intend,&quot; &quot;plan,&quot; &quot;project,&quot; and similar expressions also identify forward-looking statements. Forward-looking statements include statements regarding: (i) improving top line sales; (ii) earnings per share for the first quarter of fiscal year 2010; and (iii) effective tax rate for fiscal year 2010. </P>
<P>Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause the company's actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following: the risk that additional information may arise during the company's close process or as a result of subsequent events that would require the company to make adjustments to the financial information; the risk that the adoption of new accounting pronouncements will impact future results; the risk that the company will be unsuccessful in gauging fashion trends and changing consumer preferences; the risk that changes in general economic conditions or consumer spending patterns will have a negative impact on the company's financial performance or strategies; the highly competitive nature of the company's business in the United States and internationally and its dependence on consumer spending patterns, which are influenced by numerous other f
actors; the risk that the company will be unsuccessful in identifying and negotiating new store locations and renewing or modifying leases for existing store locations effectively; the risk that comparable store sales and margins will experience fluctuations; the risk that the company will be unsuccessful in implementing its strategic, operating and people initiatives; the risk that adverse changes in the company's credit ratings may have a negative impact on its financing costs, structure and access to capital in future periods; the risk that changes to the company's information technology systems may disrupt its operations; the risk that trade matters, events causing disruptions in product shipments from China and other foreign countries, or an inability to secure sufficient manufacturing capacity may disrupt the company's supply chain or operations; the risk that the company's efforts to expand internationally may not be successful and could impair the value of its brands; the risk that acts or omissions 
by the company's third party vendors, including a failure to comply with the company's code of vendor conduct, could have a negative impact on the company's reputation or operations; the risk that changes in the regulatory or administrative landscape could adversely affect the company's financial condition and results of operations; the risk that the company does not repurchase some or all of the shares it anticipates purchasing pursuant to its repurchase program; and the risk that the company will not be successful in defending various proceedings, lawsuits, disputes, claims, and audits; any of which could impact net sales, expenses, and/or planned strategies. Additional information regarding factors that could cause results to differ can be found in the company's Annual Report on Form 10-K for the fiscal year ended January 30, 2010.</P>
<P>These forward-looking statements are based on information as of May 6, 2010. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.</P>
<B><P>About Gap Inc. </P>
</B>
<P>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. </P>
<B>
<P>Investor Relations: </P>
</B><P>Aina Konold</P>
<P>(415) 427-4454</P>
<B><P>Media Relations:</P>
</B><P>Kris Marubio</P>
<P>(415) 427-1798</P>
<P>press@gap.com</P></FONT></FONT></BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
