Ethan Allen Celebrates New Store in Laguna Niguel, California

Business Wire, Sept 23, 2002

Business Editors

LAGUNA NIGUEL, Calif.--(BUSINESS WIRE)--Sept. 23, 2002

Ethan Allen Home Interiors (NYSE:ETH) announces the opening of its new store in Laguna Niguel, CA. Located at 28031 Greenfield Drive, the 16,000-square-foot showroom welcomes customers with an array of both classic and casual home furnishings.

Grand Opening festivities are scheduled for September 26th. To commemorate the occasion, the store will be holding a ribbon-cutting ceremony, which will be attended by Laguna Niguel's mayor and members of the city's Chamber of Commerce. Following the ribbon-cutting, the store will be hosting a small reception for guests. Store tours will be available, given by the experienced design staff, and the atmosphere will be enhanced further by a three-piece symphony from the University of Irvine. In addition, the store will be holding a drawing for an Ethan Allen accent piece, as well as offering a 10% discount on any one ordered item.

"Our job is to make decorating fun and easy for our consumers. With our complimentary design service, shopping at Ethan Allen is better than ever," stated Farooq Kathwari, Chairman and CEO of Ethan Allen Inc. "With more space to display furnishings along with our updated product lines, finance plans, new wedding registry and gift card program, this store offers our customers an easy-to-shop experience."

Store's New Layout Makes Decorating Fun and Easy

The store's easy-to-shop interior showcases a stylish selection of products. To illustrate how individual pieces could work together in consumers' own homes, wood pieces, upholstery, and accents are displayed in inspirational classic and casual room settings while also reinforcing Ethan Allen's position as a specialist in both categories.

The home fashion center - where the store's eighteen design consultants meet with customers - is just one example of the seventy-year commitment Ethan Allen's has made to customer service. As a complimentary service, design consultants are always available to discuss budgets, redesign a room, or help to choose a special accent. In-home consultations are also provided, free of charge, to help evaluate the customer's needs and interests.

To make purchasing Ethan Allen's furnishings even easier, the company offers the Simple Finance Plan -- which translates purchases into fixed monthly payments, similar to a car financing plan -- and provides free local home delivery. New customers can take advantage of an attractively low fixed rate of 9.99%.

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 17 manufacturing facilities and three sawmills throughout the United States. For details on the opening events, contact the store at 949.349.0101. For more information on Ethan Allen, visit www.ethanallen.com or call 800.228.9229.