Ethan Allen Opens a Second Store in the U.K.

Business Editors/Retail Writers

DANBURY, Conn.--(BUSINESS WIRE)--Oct. 23, 2002

Ethan Allen Inc., (NYSE:ETH) one of America's leading manufacturers and retailers of quality home furnishings, has opened a new store in Bromley, England.

The Bromley store, along with the store in Kingston upon Thames, which was opened in spring 2002, provides U.K. customers with a unique, one-stop home furnishings shopping experience.

Customers in Greater London will benefit from Ethan Allen's wide range of products including quality crafted wooden furniture, upholstery, custom drapes, bedcoverings, wall decor, floorcoverings, accessories, and lighting. Ethan Allen will be set apart from its European competition by its superior quality and stylish mix of products, and its 70-year commitment to servicing customers. As in the states, Ethan Allen will offer free design service with a qualified Ethan Allen design consultant either at the store or, if the customer prefers, in the customer's home.

"Ethan Allen continues to expand and strengthen its business both domestically and overseas," stated Farooq Kathwari, Chairman and CEO, Ethan Allen Inc. "The Bromley store opening is very exciting for us. With this store, we are strengthening our presence in the U.K. Consumers in the Greater London area will be able to shop for all their home furnishings with us and work with a qualified design consultant for free to help them create the home of their dreams. I believe the quality of our products and our high standards of customer service will continue to have a big impact on the premium furniture market in the U.K.."

The store's design is similar to that of Ethan Allen's U.S. showrooms, and reflects the casual and classic styles offered. The Bromley store showcases casual collections on the main floor and the classic, more formal styles on the lower level. As in the U.S., there are room vignettes to illustrate to customers how these collections might look in their homes..

The new Ethan Allen store is located at 44 High St., Hanover Place, Bromley, Kent.

Ethan Allen 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 19 overseas. The company has 17 manufacturing facilities and three sawmills throughout the United States. For more information, visit www.ethanallen.com.