NYSENC
NACCO Industries, Inc. Announces Date and Time of Investor Webcast

MAYFIELD HEIGHTS, Ohio, Aug. 9 /PRNewswire-FirstCall/ -- NACCO Industries, Inc. (NYSE: NC) today announced additional information relating to its upcoming investor webcast which will take place on Tuesday, August 17, 2004 at 2:30 p.m. (Eastern time).

Alfred M. Rankin, Jr., Chairman, President and Chief Executive Officer of NACCO Industries, Inc. will host the webcast, which will include a 40 minute presentation followed by a 20 minute question and answer period.

During this investor webcast, entitled "Key Program Update," Mr. Rankin will review the primary strategic and operational programs to enhance profitability and generate growth at each of NACCO Industries' subsidiary companies, report on the progress of these programs and provide other commentary on the financial performance of the Company.

Further, the Company plans to provide additional background information on its website, www.nacco.com , that it believes may be useful and of interest to current and potential investors. First, prior to the webcast, a presentation entitled "Background & Strategy" will be available. It will provide an overview of each subsidiary company's strategies, operations, products, brands, market positions and competitive strengths. Since these materials will not be covered in the webcast, those planning to participate in the event are encouraged to review these materials prior to the webcast. Also, the Company plans to provide historical financial data, including detailed quarterly financial information for NACCO Industries and each of its subsidiary companies. The Company's objective is to make this financial information available on the Company's website on or near the date of the webcast.

The webcast will include an audio/visual presentation, accessible through the Internet link listed below. Those wishing to ask questions, or those who will not have access to a computer, may access the audio portion separately through a teleconference bridge.

     Date and Time:                    Tuesday, August 17, 2004
                                       2:30 p.m. (Eastern Time)

     View and listen via the Internet: To view and listen to the webcast
                                       presentation via the Internet, please
                                       access the link to the event
                                       at: www.nacco.com/investor/main.html
                                       (Please allow 15 minutes to register,
                                       download and install any necessary
                                       software.)

     Ask questions or listen only:     To ask questions (while viewing and
                                       listening via the Internet) or for
                                       audio-only access, please dial the
                                       following:
                                       Domestic:  800-299-7635
                                       International:  617-786-2901
                                       Participant passcode:  19438945
                                       (You may access this number at any time
                                       during the event)

This investor webcast will also be available for replay over the Internet following the live broadcast. For instructions on how to access the audio and/or visual archive of this webcast presentation, please visit www.nacco.com .

NACCO Industries, Inc. is an operating holding company with three principal businesses: lift trucks, housewares and lignite coal mining. NACCO Materials Handling Group, Inc. designs, engineers, manufactures, sells, services and leases a comprehensive line of lift trucks and aftermarket parts marketed globally under the Hyster(R) and Yale(R) brand names. NACCO Housewares Group consists of Hamilton Beach*Proctor-Silex, Inc., a leading designer, manufacturer, importer and marketer of small electric kitchen and 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 electric appliances and related accessories. The North American Coal Corporation mines and markets lignite coal primarily as fuel for power generation and provides selected value-added mining services for other natural resources companies. For more information about NACCO Industries, visit the Company's web site at www.nacco.com .

SOURCE  NACCO Industries, Inc.
    -0-                             08/09/2004
    /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:  MAV CCA

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8976 08/09/2004 15:57 EDT http://www.prnewswire.com