Ethan Allen Presenting September 3 at Goldman Sachs Global Retailing Conference and...

Ethan Allen Presenting September 3 at Goldman Sachs Global Retailing Conference and Comments on Current Business

DANBURY, Conn.--(Business Wire)--
Ethan Allen Interiors Inc. (NYSE: ETH) will be making a
presentation at 1:30 p.m. on September 3rd at the Goldman Sachs Global
Retailing Conference. The presentation and question and answer session
will be available by webcast at http://ethanallen.com/investors.

In anticipation of being asked about current business trends,
Farooq Kathwari, Chairman and CEO commented: "As has been reported by
many retailers of home related products, we have also experienced
substantially lower sales volumes in July and August than in the prior
year. While it is still too early to predict the final results for the
quarter, we currently estimate our diluted earnings per share to be in
the range of $0.20 to $0.26."

Mr. Kathwari further commented, "During our presentation we will
comment on the many initiatives that we have taken which have prepared
us for this downturn and also provide us the flexibility to be ready
when the economy improves."

Ethan Allen Interiors Inc. (NYSE: ETH) is an interior design
business providing complimentary design service and one-stop shopping
convenience through a dedicated international network of 295 retail
locations, which are referred to as design centers and design studios.
Ethan Allen owns nine manufacturing facilities, including two saw
mills, in the United States and one in Mexico.

This press release should be read in conjunction with the
Company's Annual Report on Form 10-K for the year ended June 30, 2008
and other reports filed with the Securities and Exchange Commission.
This press release and related discussions contain forward-looking
statements made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements reflect management's current expectations concerning future
events and results of the Company, and are subject to various
assumptions, risks and uncertainties. Accordingly, actual future
events or results could differ materially from those contemplated by
the forward-looking statements. The Company assumes no obligation to
update or provide revision to any forward-looking statement at any
time for any reason.

Ethan Allen
Peg Lupton, 203-743-8234

Copyright Business Wire 2008