Ethan Allen Named Connecticut Retailer of the Year.

Business Editors

DANBURY, Conn.--(BUSINESS WIRE)--Oct. 25, 2001

Ethan Allen (NYSE:ETH), the nation's leading home furnishings retailer and manufacturer, was named the 2001 Retailer of the Year by The Connecticut Retail Merchants Association (CRMA).

The company was recognized during CRMA's annual luncheon, which was held on October 24 at the Waterbury Sheraton Hotel in Waterbury, CT. Governor John G. Rowland was the keynote speaker.

"The Connecticut Retail Merchants Association is very pleased and honored to name Ethan Allen our Retailer of the Year," said CRMA president, Tim Phelan. "They have demonstrated a commitment to Connecticut by continuing to represent what is great about Connecticut Retailers, namely a commitment to the state, its employees, and to providing quality products and services to Connecticut consumers."

"We are honored to be recognized by CRMA for our innovative strategies to provide consumers with stylish, high-quality products, and exceptional service," stated Ethan Allen Chairman and CEO, Farooq Kathwari.

The Connecticut Retail Merchants Association is a statewide trade association that represents the retail community at the legislature and in the marketplace. Its membership ranges from the world's largest retailers to the state's Main Street merchants. For more information on the CRMA, please call 860/527-1044 or email at [e-mail].

Ethan Allen Interiors Inc., a leading manufacturer and retailer of quality home furnishings, sells a full range of products through an exclusive network of more than 300 stores. Stores are located in the United States, Canada, and Mexico, and there are more than 18 overseas. The company has 18 manufacturing facilities and three sawmills throughout the United States. For more information, visit www.ethanallen.com or call 800/228-9229.