Gap (GPS)

Item 7.01. Regulation FD Disclosure

On February 1, 2007, the Company issued a press release announcing the appointment of Marka Hansen as the new President, Gap North America, effective immediately. A copy of the press release is attached hereto as Exhibit 99.1

Item 7.01. Regulation FD Disclosure

Pursuant to Mr. Pressler’s Employment Agreement dated September 25, 2002 (the “Agreement”), a copy of which is attached hereto as Exhibit 99.2 and was disclosed at the time of Mr. Pressler’s hire, Mr. Pressler is eligible for severance benefits subject to certain conditions as described in more detail below and in the Agreement:

In total, and subject to reduction if Mr. Pressler accepts other employment or compensation during the 24-month period, Mr. Pressler is eligible for up to approximately $14 million associated with his severance with the Company, assuming a Company stock price of $20 per share. He is also eligible to receive nominal health benefits.

Details of Severance. Under the terms of the Agreement, Mr. Pressler is eligible to remain a non-executive employee of the Company for up to 24 months after termination as Chief Executive Officer and receive the following during the 24-month “Income Continuation Period” beginning January 22, 2007:

In accordance with the Agreement, and as more fully described in the Agreement, if Mr. Pressler accepts other employment during the Income Continuation Period with a competitor (defined as another company primarily engaged in the apparel design or apparel retail business or any retailer with apparel sales in excess of $500 million annually), Mr. Pressler ceases to be a non-executive employee and forfeits all unaccrued pay and benefits (salary, bonus, and health insurance). If Mr. Pressler accepts other employment with a for-profit non-competitor during the period, Mr. Pressler ceases to be a non-executive employee and salary payments are reduced by the amount of any new cash compensation, while all other payments (bonus and health insurance) cease. If Mr. Pressler accepts any other compensation for services during the Income Continuation Period (e.g., services provided to a charitable organization, or as a director or consultant), Mr. Pressler continues to receive all benefits under the Agreement, except that salary and bonus payments are reduced by the amount of such cash compensation.

Under the Agreement, Mr. Pressler also agrees not to solicit certain employees of the Company for the period in which he is a non-executive employee and for one year thereafter.

Item 7.01. Regulation FD Disclosure

On January 4, 2007, The Gap, Inc. (the “Company”) issued a press release announcing the Company’s sales for the fiscal month ended December 30, 2006. A copy of this press release is attached hereto as Exhibit 99.1.

Item 7.01. Regulation FD Disclosure

On October 26, 2006, The Gap, Inc. (the “Company”) issued a press release announcing that Diane Neal, president of its Outlet division, will be leaving the Company. Her last day will be November 3, 2006. A copy of this press release is attached hereto as Exhibit 99.1.

Item 7.01. Regulation FD Disclosure

On July 20, 2005, the Company issued a press release announcing an additional $500 million for the Company’s existing share repurchase program. A copy of this press release is attached hereto as Exhibit 99.1.

Item 7.01. Regulation FD Disclosure

On July 7, 2005, The Gap, Inc. (the “Company”) issued a press release announcing the Company’s sales for the fiscal month ended July 2, 2005. A copy of this press release is attached hereto as Exhibit 99.1.

Item 7.01. Regulation FD Disclosure

On June 2, 2005, The Gap, Inc. (the “Company”) issued a press release announcing the Company’s sales for the fiscal month ended May 28, 2005. A copy of this press release is attached hereto as Exhibit 99.1.

Item 7.01. Regulation FD Disclosure

On April 7, 2005, The Gap, Inc. (the “Company”) issued a press release announcing the Company’s sales for the fiscal month ended April 2, 2005. A copy of this press release is attached hereto as Exhibit 99.1.

Item 7.01. Regulation FD Disclosure

On March 3, 2005, The Gap, Inc. (the “Company”) issued a press release announcing the Company’s sales for the fiscal month ended February 26, 2005. A copy of this press release is attached hereto as Exhibit 99.1.

Item 7.01 Regulation FD Disclosure

On February 24, 2005, the Company issued a press release announcing the Company’s preliminary earnings for the fourth quarter and the year ended January 29, 2005, and announcing expected lease-related accounting adjustments. A copy of this press release is attached hereto as Exhibit 99.1.

On February 24, 2005, the Company issued a press release announcing an additional $1.5 billion share repurchase program and announcing cash dividend plans. A copy of this press release is attached hereto as Exhibit 99.2.

Item 7.01. Regulation FD Disclosure

On January 6, 2005, The Gap, Inc. (the “Company”) issued a press release announcing the Company’s sales for the fiscal month ended January 1, 2005. A copy of this press release is attached hereto as Exhibit 99.1.