Exhibit 99.1 Investor Contact: Peg Lupton (203) 743-8234 Media Contact: Kelly Maicon (203) 743-8575 ETHAN ALLEN PRESENTING AT PIPER JAFFRAY CONSUMER CONFERENCE UP-DATES COMMENTS ON CURRENT OUTLOOK Danbury, CT. June 9, 2003. Ethan Allen Interiors Inc. (NYSE: ETH) will be making a presentation on June 11, 2003 at the Piper Jaffray Consumer Conference. Commenting on the current business climate and outlook, Farooq Kathwari, Chairman and CEO, commented, "As we've previously indicated, business conditions for the last few months have been challenging. Over the past few weeks we have seen improved consumer confidence and improved traffic in our stores. More time is needed to determine whether or not this will be a continuing trend. While it is still early to predict our results for the quarter, it currently looks like the analysts' consensus of about $0.55 should be achievable." Mr. Kathwari further commented, "Our business strategy continues to focus on providing solutions to consumers by offering great style, quality and value with the convenience of one-stop shopping and complementary design service to make the decorating process fun and easy, and to locate our national network of stores in the right places, projecting a stylish attitude. In Atlanta, Georgia, later this month we will be celebrating the grand opening of our first store with our new exterior facade and new interior projections, and we will be introducing our exciting NEW COUNTRY BY ETHAN ALLEN collection to our retailers. This new collection will be introduced to consumers this Fall. In July we will be launching our new Ethan Allen Kids program to consumers with strong marketing support. Appealing to both kids and their parents, this program offers an important growth opportunity for our company." The presentation and replay can be accessed at our http://www.ethanallen.com website under the "about us" tab or through http://www.gotoanalysts.com/ccwebcasts. From product design through helping consumers place product to decorate their homes, Ethan Allen is a vertically integrated, specialty lifestyle retailer of quality home furnishings, including wood furniture, upholstery, and accessories for "one-stop" shopping convenience. The company's core competencies include design, sourcing, logistics, marketing, and execution. Ethan Allen product is sold exclusively through an international network of over 300 "Ethan Allen" stores, of which 120 are company owned. The company owns 14 manufacturing plants in the US and supplements domestic capacity with global sourcing. For more information about Ethan Allen, please visit our website at http://www.ethanallen.com. Page 2