Tom Sandell Letter To Ethan Allen

August 14, 2015

Mr. Farooq KathwariChairman, CEO and PresidentEthan Allen Interiors Inc.Ethan Allen DriveDanbury, CT 06811

Dear Farooq:

As you know, we are significant shareholders of Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) and currently own approximately 1.6 million shares, or 5.5%, of the Company. We appreciate the dialogue that my colleague Richard Mansouri and I have had with you and the Company's CFO Corey Whitely over the last few months. It should be...

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