Sandell Issues Presentation Making Case for Comprehensive Change at Ethan Allen

Sandell Asset Management Corp. ("Sandell"), a large shareholder of Ethan Allen Interiors Inc. ("Ethan Allen" or the "Company")

, has issued a presentation in connection with its campaign to elect a slate of new, highly-qualified candidates to the Board of Directors (the "Board") of Ethan Allen. The presentation, entitled "Re-Design Ethan Allen: The Case, Candidates and Plan for Change," discusses in great detail a number of issues plaguing the Company that Sandell believes can be traced back to one over-arching problem: poor corporate governance that has enabled the centralization of apparently un-checked power in the hands of Farooq Kathwari, the Company's Chairman, CEO and President. The presentation can be found at: http://www.redesignethanallen.com/content/uploads/2015/11/CaseforChange.pdf