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NACCO Industries Declares Quarterly Dividend

MAYFIELD HEIGHTS, Ohio, May 11 /PRNewswire-FirstCall/ -- NACCO Industries, Inc. (NYSE: NC) today announced that the Board of Directors increased its regular cash dividend from 45-1/4 cents to 46-1/2 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2005 to stockholders of record at the close of business on June 1, 2005. The new dividend is equal to an annual rate of $1.86 per share.

SOURCE NACCO Industries, Inc.

CONTACT: Christina Kmetko, Manager - Finance of NACCO Industries, Inc., 1-440-449-9669

Web site: http://www.nacco.com