X0202 5 2004-12-31 0 1 0000789933 NACCO INDUSTRIES INC NC 0001247966 SICHEL SUSAN NACCO INDUSTRIES, INC. 5875 LANDERBROOK DRIVE, STE. 300 MAYFIELD HEIGHTS OH 44124 1 Member of a group Class A Common Stock 2004-11-23 2004-11-23 4 S 0 L 500 103.36 D 26485 D Class A Common Stock 2004-12-08 2004-12-08 5 G 0 50 0 D 26235 D ?Remark on Insider Relationship? - As a member of a ?group? deemed to own more than 10% of an equity security as a result of being a party to a Stockholders? Agreement, dated as of March 15, 1990, beneficially owned by each of the signatories to such agreement (the ?Agreement?), the Reporting Person disclaims beneficial ownership of any such shares of Stock owned by any other signatory to the Agreement. /s/Constantine E. Tsipis, attorney-in-fact for Constantine E. Tsipis 2005-02-11