Gap Inc. To Webcast Annual Meeting of Shareholders on May 17, 2011

SAN FRANCISCO – – Gap Inc. (NYSE: GPS) will provide a live audio webcast of the company’s Annual Meeting of Shareholders, beginning at 10:00 a.m. Pacific Daylight Time on May 17, 2011. To register for the webcast on May 17, please visit http://www.gapinc.com (follow the Investors, Financial News and Events, Webcasts links). A replay of the presentation will be available for six months through www.gapinc.com.

The webcast will provide the audio portion of the Annual Meeting only and does not constitute attendance. In order to vote at the Annual Meeting, shareholders must either authorize a valid proxy or attend the Annual Meeting and vote in person.

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 2010 net sales were $14.7 billion. Gap Inc. products are available for purchase in over 90 countries worldwide through about 3,100 company-operated stores, about 175 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.