News Release

IHOP Corp. Moves Time of First Quarter Investor Conference Call to 10:00 a.m. Eastern on April 28th

April 13, 2005

GLENDALE, Calif., Apr 13, 2005 (BUSINESS WIRE) -- IHOP Corp. (NYSE:IHP) today announced it will move the start time of its first quarter 2005 investor conference call to 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time) on Thursday, April 28, 2005, up one hour from the previously scheduled time of 11:00 a.m. that same day. To participate on the call, please dial 800-798-2884 and reference pass code 23813395. IHOP will release first quarter 2005 results on Thursday, April 28, 2005 before the market opens.

A live webcast of the call will be available on IHOP's Web site at www.ihop.com, and may be accessed by visiting Conference Calls & Presentations under the site's Investor Information section. Participants should allow approximately ten minutes prior to the call's start time to visit the site and download any streaming media software needed to listen to the webcast. A telephonic replay of the call may be accessed through Thursday, May 5, 2005 by dialing 888-286-8010 and referencing pass code 59990949. An online archive of the webcast will also be available on the Investor Information section of IHOP's Web site.

About IHOP Corp.

The IHOP family restaurant chain has been serving a wide variety of breakfast, lunch and dinner selections for more than 45 years. Offering more than 16 types of pancakes as well as omelettes, breakfast specialties, burgers, sandwiches, chicken and steaks, IHOP's diverse menu appeals to people of all ages. IHOP restaurants are franchised and operated by Glendale, California based IHOP Corp. As of December 31, 2004, the end of IHOP's fourth quarter, there were 1,186 IHOP restaurants in 48 states and Canada. IHOP Corp. common stock is listed and 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 Website located at www.ihop.com.

SOURCE: IHOP Corp.

IHOP Corp.
Stacy Roughan, 818-637-3632