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IHOP CORP. ANNOUNCES RESIGNATION OF LARRY ALAN KAY, EXECUTIVE VICE PRESIDENT

 GLENDALE, Calif., Aug. 31 /PRNewswire/ -- IHOP Corp. (NASDAQ: IHOP) announced today that Larry Alan Kay has indicated that he intends to resign as an officer of the firm as of Jan. 1, 1994, to pursue personal interests and explore other business opportunities. Currently, Mr. Kay is executive vice president-administration, secretary and general counsel of IHOP and a member of its board of directors.
 After his resignation, Mr. Kay, 46, will continue as a director of IHOP and will be available to the company as a consultant on special projects.
 "Larry Kay has been with IHOP for more than 15 years and has contributed significantly to our current success," said Richard K. Herzer, chief executive officer. "We expect that he will continue to contribute to IHOP as a member of our board. We wish him success in his future activities."
 IHOP develops, franchises and operates International House of Pancakes restaurants, one of America's best-known national family restaurant chains. As of June 30, 1993, the Company had 550 IHOP restaurants, of which 382 were operated by franchisees, 58 by the Company, and 110 by area licensees. IHOP restaurants are located in 35 states, Canada and Japan, with the greatest concentration of restaurants in California, New York, New Jersey, Florida and Texas.
 -0- 8/31/93
 /CONTACT: Frederick G. Silny, CFO of IHOP Corp., 818-240-6055/
 (IHOP)


CO: IHOP Corp. ST: California IN: LEI SU: PER

MF-LM -- LA007 -- 7350 08/31/93 08:31 EDT
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Publication:PR Newswire
Date:Aug 31, 1993
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