NYSENC
NACCO Industries Declares Quarterly Dividend

MAYFIELD HEIGHTS, Ohio, Feb. 11 /PRNewswire-FirstCall/ -- NACCO Industries, Inc. (NYSE: NC) today announced that the Board of Directors declared a regular cash dividend of 38 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid March 15, 2004 to stockholders of record at the close of business on March 1, 2004.

SOURCE  NACCO Industries, Inc.
    -0-                             02/11/2004
    /CONTACT:  Christina Kmetko, Manager, Finance of NACCO Industries, Inc.,
+1-440-449-9669/
    /Web site:  http://www.nacco.com /
    (NC)

CO:  NACCO Industries, Inc.
ST:  Ohio
IN:  MAC
SU:  DIV

CF-LA 
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3217 02/11/2004 15:14 EST http://www.prnewswire.com