GLENDALE, CA invites investors to listen to the webcast of its Annual Meeting of Shareholders on Tuesday, May 13, 2008, beginning at 1:00 p.m. Eastern Time (ET). The Company's Annual Meeting of Shareholders will take place at IHOP's Restaurant Support Center in Glendale, California.

A live webcast of the Annual Meeting of Shareholders will be available on IHOP's Web site at www.ihop.com, and may be accessed by visiting 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.

About IHOP Corp.

Based in Glendale, California, IHOP Corp. franchises and operates restaurants under the International House of Pancakes, or IHOP, and the Applebee's Neighborhood Grill & Bar brands. With more than 3,300 restaurants combined, IHOP Corp. is the largest full-service restaurant company in the world. IHOP Corp.'s common stock is listed on the NYSE under the symbol "IHP." For more information on IHOP Corp., visit the Investor Relations section of the Company's Web site located at www.ihop.com.

Stacy Roughan Director, Investor Relations IHOP Corp. 818-637-3632

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