News Release

IHOP Corp. to Announce Fourth Quarter and Fiscal 2002 Results and Host Investor Conference Call on February 26

February 10, 2003
GLENDALE, Calif., Feb 10, 2003 /PRNewswire-FirstCall via Comtex/ -- IHOP Corp. (NYSE: IHP) today announced it will release fourth quarter and fiscal 2002 results on Wednesday, February 26, 2003 before the market opens. The company will host an investor conference call to discuss its fourth quarter and year-end results on Wednesday, February 26, 2003 at 11:00 a.m. ET (8:00 a.m. PT). To participate on the call, please dial (719) 457-2604 and reference pass code 699254.

A webcast of the live call will be available on the Investor Relations section of the company's Web site located at www.ihop.com . Participants should allow approximately five minutes prior to the call's start time to visit the site and download any streaming media software needed to listen to the webcast.

An audio replay of the call will be available by 2:00 p.m. ET (11:00 a.m. PT) on February 26, 2003, which can be accessed through March 5, 2003 by dialing (719) 457-0820 and referencing pass code 699254. An online archive of the webcast will be available approximately four hours following the end of the live call and will be archived on IHOP's Web site until March 26, 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.