Gap Inc. Announces Third Quarter Dividend

SAN FRANCISCO - August 11, 2016 - (BUSINESS WIRE) - Gap Inc. (NYSE: GPS) today announced that its board of directors authorized a quarterly dividend of $0.23 per share payable on or after October 26, 2016 to shareholders of record at the close of business on October 5, 2016.

About Gap Inc.

Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. Fiscal year 2015 net sales were $15.8 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,300 company-operated stores, about 450 franchise stores, and e-commerce sites. For more information, please visitwww.gapinc.com.

SOURCE Gap Inc.

Contacts:

Jack Calandra
Gap Inc.
Investor Relations
415-427-1726
Investor_relations@gap.com

Jennifer Poppers
Gap Inc.
Media Relations
415-427-1729
Press@gap.com

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