This excerpt taken from the GPS 10-Q filed Jun 2, 2005.
We recently completed an assessment of our available space and future office facility needs. In mid-May 2005, we decided that we would occupy one of the vacant leased properties in San Francisco. The sublease loss reserve of $58 million at April 30, 2005 will be reversed in the second quarter of 2005. Planning efforts to design and construct this space for occupation in 2006 have not commenced.