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NEWS RELEASES CONTACT US SHOP ONLINE:    gap.com    gapkids.com    babygap.com    bananarepublic.com    oldnavy.com		GAP INC. ANNOUNCES FEBRUARY SALES SAN FRANCISCO -- March 1, 2000 -- Gap Inc. (NYSE:GPS) today reported sales of $696 million for the four-week period ended Feb. 26, 2000, an increase of 27 percent over sales of $548 million for the comparable period ended Feb. 27, 1999. The company's comparable store sales for February 2000 increased 4 percent compared to a 12 percent increase in February 1999. The company's February comparable store sales by division were as follows: Gap Domestic had a negative low-single digit versus a positive low-single digit last year, Gap International had positive high-teens versus positive mid-twenties last year, Banana Republic had a positive low-single digit versus positive low-teens last year and Old Navy turned in a positive high-single digit versus positive low-thirties last year. As of Feb. 26, 2000, Gap Inc. operated 3,058 stores compared to 2,487 at Feb. 27, 1999, an increase of 23 percent. For more detailed information, please call 1-800-696-1558 (passcode: 427462) to listen to Gap Inc.'s monthly sales recording.