NYSENC
NACCO Industries Declares Quarterly Dividend

MAYFIELD HEIGHTS, Ohio, Nov 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- NACCO Industries, Inc. (NYSE: NC) today announced that the Board of Directors declared a regular cash dividend of 45-1/4 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid December 15, 2004 to stockholders of record at the close of business on December 1, 2004.

SOURCE NACCO Industries, Inc.

Christina Kmetko, Manager - Finance of NACCO Industries, Inc.,
+1-440-449-9669
www.nacco.com