News Release

Central Avenue IHOP in Toledo Closed

GLENDALE, Calif.--(BUSINESS WIRE)--Dec. 5, 2012-- The Ohio IHOP® restaurants located in Perrysburg, Lima, Holland and on Talmadge Road in Toledo, as well as an IHOP in Evansville, Indiana, are being refranchised to Mohammed Iftikhar, a current Franchisee who also owns six successful IHOPs in Georgia.

“I look forward to our IHOPS being active and involved members of the community and I am especially excited to continue to bring our guests in these areas the best IHOP experience--everything they love about breakfast,” said Iftikhar.

A sixth IHOP, located on Central Avenue in Toledo has been closed. We encourage our guests who patronized this location to visit their closest IHOP, which can easily be found on our website at www.ihop.com.

ABOUT IHOP

For 54 years, IHOP has been a leader and expert in all things breakfast and a leader in family dining. The chain is highly competitive in its menu offering, serving 65 different signature, made-from-scratch breakfast options as well as a range of meals under 600 calories. Beyond offering “everything you love about breakfast,” IHOP has a wide selection of popular lunch and dinner items, as well. IHOP offers its guests an affordable, everyday dining experience with warm and friendly service. As of September 30, 2012, there were 1,565 IHOPs in 50 states and the District of Columbia, as well as in Canada, Guatemala, Mexico, Puerto Rico, the United Arab Emirates, and the U.S. Virgin Islands. Under the licensed name IHOP at HOME® consumers can also enjoy a line of premium breakfast products available at leading retailers. IHOP restaurants are franchised and operated by Glendale, Calif.-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN)

Source: IHOP

IHOP
Craig Hoffman, (818) 637-3603
Craig.Hoffman@dineequity.com