News Release

IHOP Corp. to Present at the SunTrust Robinson HumphreyInstitutional Investor Conference

April 2, 2003

GLENDALE, Calif., Apr 2, 2003 /PRNewswire-FirstCall via COMTEX/ -- IHOP Corp., Inc. (NYSE: IHP) today announced that management will present a company overview at the SunTrust Robinson Humphrey 32nd Annual Institutional Investor Conference on Monday, April 7, 2003 at 2:10 p.m. Eastern in Atlanta, Georgia. A live webcast of the presentation will be available on the Investor Relations section of IHOP's Web site at www.ihop.com . Participants should allow approximately five minutes prior to the presentation start time to visit the site and download any streaming media software needed to listen to the webcast. An archive of the webcast will be available immediately after the presentation is over and can be accessed through April 14, 2003.

About IHOP Corp.

The IHOP family restaurant chain has been serving a wide variety of breakfast, lunch and dinner selections for 45 years. Offering more than 16 types of pancakes, as well as omelets, breakfast specialties, burgers, chicken and steaks, IHOP's diverse menu appeals to people of all ages. IHOP restaurants are developed, operated and franchised by Glendale, California based IHOP Corp. As of December 31, 2002, there were 1,103 IHOP restaurants in the chain in 45 states and Canada. IHOP is publicly traded on the NYSE under the symbol "IHP." For more information, call the Company's headquarters at (818) 240-6055 or visit the Company's Web site located at www.ihop.com .

SOURCE IHOP Corp.