GAP INC — Director's Dealing 2006

Jan 24, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2006-01-20

Reporting Person: FISHER DONALD G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-20	Common Stock	S	133783	$17	Disposed	64079906	Direct
2006-01-20	Common Stock	S	41917	$17.01	Disposed	64037989	Direct
2006-01-20	Common Stock	S	24900	$17.02	Disposed	64013089	Direct
2006-01-20	Common Stock	S	18100	$17.03	Disposed	63994989	Direct
2006-01-20	Common Stock	S	12600	$17.04	Disposed	63982389	Direct
2006-01-20	Common Stock	S	13200	$17.05	Disposed	63969189	Direct
2006-01-20	Common Stock	S	2800	$17.06	Disposed	63966389	Direct
2006-01-20	Common Stock	S	10400	$17.08	Disposed	63955989	Direct
2006-01-20	Common Stock	S	1400	$17.09	Disposed	63954589	Direct
2006-01-20	Common Stock	S	21000	$17.1	Disposed	63933589	Direct
2006-01-20	Common Stock	S	26600	$17.11	Disposed	63906989	Direct
2006-01-20	Common Stock	S	12100	$17.12	Disposed	63894889	Direct
2006-01-20	Common Stock	S	400	$17.13	Disposed	63894489	Direct
2006-01-20	Common Stock	S	19900	$17.15	Disposed	63874589	Direct
2006-01-20	Common Stock	S	6900	$17.16	Disposed	63867689	Direct
2006-01-20	Common Stock	S	7400	$17.17	Disposed	63860289	Direct
2006-01-20	Common Stock	S	8400	$17.18	Disposed	63851889	Direct
2006-01-20	Common Stock	S	3800	$17.19	Disposed	63848089	Direct
2006-01-20	Common Stock	S	700	$17.2	Disposed	63847389	Direct
2006-01-20	Common Stock	S	6200	$17.21	Disposed	63841189	Direct
2006-01-20	Common Stock	S	2300	$17.22	Disposed	63838889	Direct
2006-01-20	Common Stock	S	4900	$17.25	Disposed	63833989	Direct
2006-01-20	Common Stock	S	7000	$17.28	Disposed	63826989	Direct
2006-01-20	Common Stock	S	6300	$17.29	Disposed	63820689	Direct
2006-01-20	Common Stock	S	3600	$17.3	Disposed	63817089	Direct
2006-01-20	Common Stock	S	1200	$17.31	Disposed	63815889	Direct
2006-01-20	Common Stock	S	5900	$17.32	Disposed	63809989	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4581281	Indirect