Gap Inc. Opens Doors Longer to Customers and Offers Great Deals for Holiday Shopping This Thanksgiving

  Gap Inc. Opens Doors Longer to Customers and Offers Great Deals for Holiday
  Shopping This Thanksgiving

   More than 1,100 Stores Open Across Gap, Old Navy and Banana Republic on
Thursday, November 22; Nearly 1,500 Stores Opening at Midnight on Black Friday

Business Wire

SAN FRANCISCO -- November 08, 2012

Gap Inc. announced today it will continue its tradition of giving shoppers a
jumpstart on holiday shopping by opening more than 1,100 stores across the
country on Thanksgiving Day, including nearly 800 Old Navy stores, more than
200 combined Gap and Gap Outlet stores, and more than 100 total Banana
Republic and Banana Republic Factory stores.

Additionally, almost 1,500 stores across Old Navy, Gap, Banana Republic, Gap
Outlet and Banana Republic Factory Store divisions will open at midnight on
Black Friday, November 23.

“Not only do our customers expect amazing products from Old Navy and other Gap
Inc. brands, but they also anticipate memorable shopping experiences during
this significant holiday weekend. From our extended hours, to our fun and
engaging in-store events, we are focused on exceeding our customers’
expectations,” said Tom Sands, executive vice president, Old Navy U.S.

Some Black Friday promotions include:

  *Old Navy: On Black Friday,  everything is on sale with featured doorbuster
    deals on coats, denim and tees. Customers can line up early for a free New
    Super Mario Bros. U game for Nintendo’s all new Wii U system with the
    purchase of $40 ($59.99 value; quantities limited and vary per store).
  *Gap: True to its “Be Bright” marketing platform,  Gap is turning Black
    Friday into “Bright Friday,” with up to 60 percent off storewide from
    Tuesday, November 20 through Sunday, November 25. From midnight until noon
    on Black Friday, customers can get sweaters for $19 at Gap and graphic
    tees for $5 at GapKids and babyGap. Also, when you buy a Gap gift card, a
    percentage of your purchase goes toward two non-profit organizations: CARE
    and Communities In Schools.
  *Gap Outlet and Banana Republic Factory Stores: Gap Outlet and Banana
    Republic Factory Stores will feature up to 70 percent off everything in
    the stores starting November 16 and lasting through Sunday, November 25.
  *Banana Republic: On Black Friday, Banana Republic will offer customers 40
    percent off their entire purchase all day long. Starting December 1
    through December 12, Banana Republic is launching “12 Days of Joy,” an
    exciting program giving shoppers a special free holiday surprise every
    time they shop.
  *Athleta: “Take a Breather from Black Friday” with Athleta. Visit any
    Athleta store across the country on Black Friday for a break from
    shopping. Each location will feature special offers such as giveaways,
    free fitness classes, and personal shoppers to help women renew, refuel,
    and recharge. Check www.athleta.com/stores to view the day’s activities
    per store.
  *Piperlime: In celebration of Piperlime’s first holiday with a physical
    store location, Piperlime in New York’s SoHo neighborhood will open its
    doors an hour early on Black Friday and offer a hot chocolate and holiday
    treats to shoppers.

In addition, customers can experience all Gap Inc. brands online with one
seamless checkout and payment process and Everyday Free Shipping on any order
over $50. As always, Piperlime orders include Free Shipping and Free Returns.

About Gap Inc.

Gap Inc. is a leading global specialty retailer offering clothing,
accessories, and personal care products for men, women, children, and babies
under the Gap, Banana Republic, Old Navy, Piperlime, and Athleta brands.
Fiscal 2011 net sales were $14.5 billion. Gap Inc. products are available for
purchase in about 90 countries worldwide through about 3,000 company-operated
stores, about 250 franchise stores, and e-commerce sites. For more
information, please visit www.gapinc.com.

Contact:

Gap Inc.
Edie Kissko, 415-427-4173 (Media Relations)
press@gap.com
Michael Jenkins, 415-427-4454 (Investor Relations)
investor_relations@gap.com