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NACCO Industries Declares Quarterly Dividend

02/12/2003

MAYFIELD HEIGHTS, Ohio, Feb 12, 2003 /PRNewswire-FirstCall via COMTEX/ -- NACCO Industries, Inc. (NYSE: NC) today announced that the Board of Directors declared a regular cash dividend of 24-1/2 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid March 14, 2003 to stockholders of record at the close of business on February 28, 2003.

SOURCE NACCO Industries, Inc.

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CONTACT:          Ira I Gamm, Manager - Investor Relations of NACCO Industries,
                  Inc., +1-440-449-9676
                  (NC)

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The summary data (including definitions) presented is provided by Q4's partner Virtua a supplier of financial information to the financial community. NACCO Industries, Inc. neither represents nor warrants that the data accumulated and published by Virtua is accurate.

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