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Press release from Business Wire

Gap Inc. Announces Dividend

Wednesday, May 16, 2012

Gap Inc. Announces Dividend20:40 EDT Wednesday, May 16, 2012 SAN FRANCISCO (Business Wire) -- Gap Inc. (NYSE:GPS) today announced that its Board of Directors authorized a quarterly dividend of $0.125 per share payable on or after July 24, 2012 to shareholders of record at the close of business on July 3, 2012. 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 year 2011 net sales were $14.5 billion. Gap Inc. products are available for purchase in over 90 countries worldwide through about 3,000 company-operated stores, about 200 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com. Gap Inc.Mike Jenkins, 415-427-4454 (Investors)investor_relations@gap.comorStacy Rollo, 415-427-6230 (Media)press@gap.com