Gap Inc. Announces Dividend

    SAN FRANCISCO, November 27 /CNW/ - Gap Inc. (NYSE:  GPS) today announced
that its board of directors voted a quarterly dividend of $0.08 per share
payable on January 30, 2008 to shareholders of record at the close of business
on January 9, 2008.

For further information:

For further information: for Gap Inc. Evan Price, 415-427-2161 (Investor
Relations) Greg Rossiter, 415-427-2360 (Media Relations)

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