IHOP Flips For Children's Miracle Network

Tuesday, February 12, 2008

IHOP (NYSE: IHP), one of America's favorite restaurants for breakfast, lunch and dinner, has announced plans to serve millions of free pancakes in celebration of National Pancake Day on February 12, 2008. The celebration is designed to bring together friends and family, as well as to raise hundreds of thousands of dollars for Children's Miracle Network, a non-profit organization dedicated to helping children's hospitals, and other worthy causes.

2008 will mark IHOP's third year of staging the national event, and more than 1,300 IHOP restaurants throughout the United States will once again invite guests to enjoy a free short stack of IHOP's signature buttermilk pancakes from 7 a.m. to 10 p.m. In return, IHOP guests are asked to donate what they would have spent on the free pancakes, or more, to their local children’s hospital or another worthy cause.

NO JOKE!

Known also as Fat Tuesday or Mardi Gras, National Pancake Day dates back several centuries to when the English prepped for fasting during Lent. Strict rules prohibited the eating of all dairy products during Lent, so pancakes were made to use up the supply of eggs, milk, butter and other dairy products...hence the name Pancake Tuesday, or Shrove Tuesday.

In 2007, IHOP joined forces with Children's Miracle Network to give away more than 1.1 million stacks of pancakes and raise more than $625,000 for local children's hospitals and other worthy causes. Since beginning its National Pancake Day celebration in 2006, IHOP has raised nearly one million dollars to support charities in the communities in which it operates.

DATE CHANGE!

In 2008, Fat Tuesday falls on February 5, which also happens to be Super Tuesday, on which a record number of states will hold their Presidential primaries. In the interest of embracing the democratic process, IHOP has postponed its celebration of National Pancake Day by one week, and will give away free pancakes on February 12.

ABOUT CHILDREN'S MIRACLE NETWORK

Children's Miracle Network is a non-profit organization dedicated to saving and improving the lives of children by raising funds for children's hospitals. Each year the 170 Children's Miracle Network hospitals provide the finest medical care, life-saving research and preventative education to help millions of kids overcome diseases and injuries of every kind. To learn more go to www.childrensmiraclenetwork.org.

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 14 types of pancakes as well as omelettes, breakfast specialties, burgers, sandwiches, salads, 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 June 30, 2007, the end of IHOP's second quarter, there were 1,319 IHOP restaurants in 49 states, Canada, Mexico and the U.S. Virgin Islands. 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 Web site located at www.ihop.com.