11.04.2006 15:12:00

Forth & Towne Announces Bay Area Locations

SAN FRANCISCO, April 11 /PRNewswire-FirstCall/ -- Gap Inc. announced today that Forth & Towne, the company's latest apparel concept for women, plans to open in Westfield San Francisco Centre (San Francisco) and Westfield Valley Fair (San Jose). Opening dates are scheduled for fall 2006.

Forth & Towne recently announced plans to open approximately 10 stores in five new markets this fall: Atlanta, Houston, Los Angeles, San Francisco/San Jose and Seattle.

"We're excited to bring Forth & Towne to the Bay Area. It's a vibrant retail market and has a high concentration of our target customer -- women who want stylish apparel and a truly enjoyable shopping experience," says Gary Muto, President, Forth & Towne. "In addition, San Francisco is the home of our company headquarters, giving Gap Inc. an opportunity to bring this unique concept to our customers and employees alike."

Forth & Towne offers four distinct brands -- Allegory, Vocabulary, Prize and Gap Edition -- designed for a variety of occasions and available in sizes 2-20, with a focus on fit and style. Paramount to the brand is the service-oriented shopping experience. Every Forth & Towne store features a central fitting salon tailored to deliver an enjoyable experience for the customer. Each fitting room is oversized and features three-way mirrors, extra seating and adjustable lighting. In addition, Forth & Towne Style Consultants are available to put together looks for every wardrobe need.

Attention Media: Forth & Towne President Gary Muto will be available for a limited number of interviews Tuesday, April 11 from 9:00 - 10:00 am. Please contact Kimberly Terry at 415-427-4844 to arrange an interview.

About Forth & Towne

Forth & Towne, which debuted last August, is the newest concept in Gap Inc.'s family of brands. A destination for style, Forth & Towne offers women fashionable apparel and accessories for every occasion and a unique shopping experience. There are currently five Forth & Towne locations: Palisades Center Mall, West Nyack, NY; Algonquin Commons, Algonquin, IL; Westfield Fox Valley, Aurora, IL; Westfield Old Orchard, Skokie, IL; and Woodfield Mall, Schaumburg, IL.

About Gap Inc.

Gap Inc. is a leading international specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic, Old Navy and Forth & Towne brand names. Fiscal 2005 sales were $16.0 billion. Gap Inc. operates about 3,000 stores in the United States, the United Kingdom, Canada, France and Japan. For more information, please visit gapinc.com.

Investor Relations: Media Relations: Mark Webb Kimberly Terry 415-427-2161 415-427-4844

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