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Ethan Allen Interiors Inc. (NYSE: ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.18 per share. In addition, the Board of Directors increased the authorization for the Company to repurchase up to 2,500,000 shares of its common stock. The regular quarterly dividend of $0.18 per share will be payable to shareholders of record as January 10, 2006 and will be paid on January 25, 2006. Prior to today's board action the Company had a remaining authorization to repurchase 393,100 shares of its common stock. The authorization to repurchase common stock was increased by 2,106,900 shares to a current authorization level of 2,500,000 shares. Chairman and CEO Farooq Kathwari said, "We are pleased with our progress in positioning our business to grow, and we are gratified to have the financial strength to continue our quarterly dividend and to repurchase shares when it makes good business and financial sense." The webcast of the business overview presentation made at the Annual Shareholder meeting is available on the Company's website at http://www.ethanallen.com/investors. Ethan Allen Interiors Inc. is a leading manufacturer and retailer of quality home furnishings. The Company sells a full range of furniture products and decorative accessories through an exclusive network of 311 retail stores located in the United States and abroad and has 11 domestic manufacturing facilities.