Ideal magnetohydrodynamic theory for localized interchange modes is developed for toroidal plasmas with anisotropic pressure. The work extends the existing theories of Johnson and Hastie [Phys. Fluids 31, 1609 (1988)], etc., to the low n mode case, where n is the toroidal mode number. Also, the plasma compressibility is included, so that the coupling of the parallel motion to perpendicular one, i.e., the so-called apparent mass effect, is investigated in the anisotropic pressure case. The singular layer equation is obtained, and the generalized Mercier's criterion is derived. Published by AIP Publishing.