ETH Ethan Allen Interiors Inc

Ethan Allen Interiors Inc. (NYSE: ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share payable to shareholders of record as of October 10, 2006 and will be paid on October 25, 2006. This represents an 11% increase over the previous dividend rate of $0.18 per share. The Board of Directors increased the share repurchase authorization by 1.4 million shares to 2.5 million shares. During the fiscal year ended June 30, 2006 the Company spent $85.1 million to repurchase 2.5 million shares. Since July 1, 2006 the Company spent $15.7 million to repurchase 451,300 shares leaving a previously approved repurchase authorization of 1.1 million shares. The Company will release earnings for the fourth quarter and fiscal year ended June 30, 2006 on Thursday, July 27, 2006 before the market opens. The Company will host a conference call for investors at 11:00am Eastern time. The live web cast and replay will be available at http://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 a dedicated network of 306 retail interior design centers located in the United States and abroad and operates 11 domestic manufacturing facilities.