News Release

GLENDALE, Calif., Mar 08, 2005 (BUSINESS WIRE) -- For a limited time only, IHOP (NYSE:IHP) is catering to guests' savory side with the return of its award-winning Stuffed Crepes. IHOP's Stuffed Crepes take traditional crepes and fill them with scrambled eggs, cheese and breakfast meats, giving guests everything they love about breakfast with a French twist. This popular menu item will be available at participating IHOP restaurants until April 24, 2005.

All of IHOP's stuffed crepes are served with hash browns or two fluffy buttermilk pancakes, and are available in three savory options:

-- Stuffed Crepes Supreme - Two light, golden crepes stuffed with all of America's traditional breakfast favorites - scrambled eggs, Jack and Cheddar cheeses, tender ham, pork sausage and crispy bacon - and then topped with Jack and Cheddar cheeses and sour cream.

-- Bacon and Cheddar Stuffed Crepes - This stuffed crepe is a bacon-lover's dream. Two light, golden crepes are stuffed with scrambled eggs, Cheddar cheese and crisp bacon then topped with Cheddar cheese and sour cream.

-- Grilled Ham and Swiss Stuffed Crepes - Bursting with flavor, two light, golden crepes are stuffed with scrambled eggs, Swiss cheese and tender ham.

Stuffed Crepes were first introduced as a limited time offer in 2003 and became one of the most popular specials ever offered by IHOP. In fact, this popularity and guests' requests inspired Stuffed Crepes return. The restaurant industry has also shown affection for this limited time offer. In fact, Nation's Restaurant News awarded IHOP and its Stuffed Crepes a prestigious MenuMasters Award in 2004 for "Best Menu Line Extension."

Stuffed Crepes are available at breakfast, lunch and dinner. IHOP guests can savor Stuffed Crepes at a very sweet price, starting at just $4.99. Price and participation may vary by location.

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 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 Website located at www.ihop.com.

SOURCE: IHOP Corp.

IHOP Corp.
Patrick Lenow, 818-637-3629
patrick.lenow@ihop.com
or
Cohn & Wolfe
Jennifer Almer, 310-967-2976
jennifer_almer@cohnwolfe.com
Polyna Berlin, 310-967-2963
polyna_berlin@cohnwolfe.com