GAP INC

Ticker: GAP CUSIP: 364760108 Class: COM

MERITAGE PORTFOLIO MANAGEMENT's Holding History (CIK: 0000881432)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013

Shares 151,345 Value ($000) $5,915 Avg Close $26.06 Range $24.07 - $28.28

Q3 2013

Shares 159,145 Value ($000) $6,410 Avg Close $28.58 Range $26.44 - $30.86

Q2 2013

Shares 153,005 Value ($000) $6,385 Avg Close $26.00 Range $23.09 - $28.04

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	151,345	$5,915	$26.06	$24.07 - $28.28
Q3 2013	159,145	$6,410	$28.58	$26.44 - $30.86
Q2 2013	153,005	$6,385	$26.00	$23.09 - $28.04