NYSENC
NACCO Industries, Inc. Announces Dates of Second Quarter Earnings Release and Conference Call

MAYFIELD HEIGHTS, Ohio, Jul 16, 2002 /PRNewswire-FirstCall via COMTEX/ -- NACCO Industries, Inc. (NYSE: NC) will release Second Quarter 2002 financial results on Tuesday, July 23, 2002, after the close of the market.

NACCO Industries, Inc. will hold a conference call on Wednesday, July 24, 2002 for investors and securities analysts to discuss its earnings announcement. Alfred M. Rankin, Jr., Chairman, President and Chief Executive Officer of NACCO Industries, will host the call.

    Conference Call:     Wednesday, July 24, 2002
    Time:                11 a.m. Eastern Time
    Telephone:           (800) 360-9865
                         (Call in at least 5 minutes before start time)
    For Replay Call:     (800) 428-6051, Passcode #250158

The call will also be broadcast live and available for replay over the Internet. To access, go to www.nacco.com or www.ccbn.com . Please allow 15 minutes to register, download and install any necessary software.

NACCO Industries, Inc. is an operating holding company with three principal businesses: lift trucks, housewares and lignite mining. NACCO Materials Handling Group designs, engineers, manufactures and sells a full line of lift trucks and replacement parts marketed worldwide under the Hyster(R) and Yale(R) brand names. NACCO Housewares Group consists of Hamilton Beach*Proctor-Silex, Inc., a leading manufacturer and marketer of small electric motor and heat-driven household appliances as well as commercial products for restaurants, bars and hotels, and The Kitchen Collection, Inc., a national specialty retailer of brand-name kitchenware, small electrical appliances and related accessories. The North American Coal Corporation mines and markets lignite primarily as fuel for power providers.