<SUBMISSION>
<ACCESSION-NUMBER>0000950152-07-000020
<TYPE>SC TO-T/A
<PUBLIC-DOCUMENT-COUNT>3
<FILING-DATE>20070103
<DATE-OF-FILING-DATE-CHANGE>20070103
<GROUP-MEMBERS>NACCO INDUSTRIES, INC.
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>APPLICA INC
<CIK>0000217084
<ASSIGNED-SIC>3634
<IRS-NUMBER>591028301
<STATE-OF-INCORPORATION>FL
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC TO-T/A
<ACT>34
<FILE-NUMBER>005-33434
<FILM-NUMBER>07501326
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>5980 MIAMI LAKES DR
<CITY>MIAMI LAKES
<STATE>FL
<ZIP>33014
<PHONE>3053622611
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>5980 MIAMI LAKES DRIVE
<CITY>MIAMI LAKES
<STATE>FL
<ZIP>33014
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>WINDMERE DURABLE HOLDINGS INC
<DATE-CHANGED>19970224
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>WINDMERE CORP
<DATE-CHANGED>19920703
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>SAVE WAY INDUSTRIES INC
<DATE-CHANGED>19830815
</FORMER-COMPANY>
</SUBJECT-COMPANY>
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>Apex Acquisition CORP
<CIK>0001383659
<IRS-NUMBER>208037860
<STATE-OF-INCORPORATION>FL
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC TO-T/A
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>5875 LANDERBROOK DRIVE
<CITY>CLEVELAND
<STATE>OH
<ZIP>44124
<PHONE>440-449-9600
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>5875 LANDERBROOK DRIVE
<CITY>CLEVELAND
<STATE>OH
<ZIP>44124
</MAIL-ADDRESS>
</FILED-BY>
<DOCUMENT>
<TYPE>SC TO-T/A
<SEQUENCE>1
<FILENAME>l23908asctovtza.htm
<DESCRIPTION>APEX ACQUISITION CORPORATION   SC TO-T/A
<TEXT>
<HTML>
<HEAD>
<TITLE>sctovtza</TITLE>
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<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>SCHEDULE TO/A</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>Tender Offer Statement under Section&nbsp;14(d)(1) or 13(e)(1)<BR>
of the Securities Exchange Act of 1934<BR>
(Amendment No.&nbsp;4)</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>APPLICA INCORPORATED</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Name of Subject Company (Issuer))</DIV>


<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>Apex Acquisition Corporation<BR>
NACCO Industries, Inc.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Names of Filing Persons (Offerors))</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Common Stock, par value $0.10 per share</B><BR>
(Title of Class of Securities)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">03815A106<BR>
(CUSIP Number of Class of Securities)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Charles A. Bittenbender, Esq.<BR>
Vice President, General Counsel, and Secretary<BR>
NACCO Industries, Inc.<BR>
5875 Landerbrook Drive<BR>
Cleveland, Ohio 44124<BR>
(440)&nbsp;449-9600</B><BR>
(Name, Address and Telephone Numbers of Person<BR>
Authorized to Receive Notices and Communications on Behalf of Filing Persons)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B><I>Copy to:</I></B><BR>
<B>Thomas C. Daniels, Esq.<BR>
Jones Day<BR>
North Point<BR>
901 Lakeside Avenue<BR>
Cleveland, Ohio 44114-1190<BR>
(216)&nbsp;586-3939</B></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF FILING FEE</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="70%">
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<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Transaction Valuation*</B></TD>
    <TD nowrap align="center" colspan="3"><B>Amount of Filing Fee**</B></TD>
</TR>

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<TR valign="bottom">
    <TD align="center" valign="top">$199,657,050
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$21,363.30</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">*For purposes of calculating the filing fee pursuant to Rule&nbsp;0-11(d) only, the Transaction
Valuation was calculated on the basis of (i)&nbsp;the aggregate of 25,762,200 shares of common stock,
par value $0.10 per share, of Applica Incorporated outstanding on a fully diluted basis consisting
of (a)&nbsp;25,001,100 shares of common stock outstanding and (b)&nbsp;761,100 shares of common stock subject
to outstanding options granted under Applica&#146;s equity incentive plans and (ii)&nbsp;the tender offer
price of $7.75 per Share (as defined herein).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">** The filing fee, calculated in accordance with Rule&nbsp;0-11 of the Securities Exchange Act of 1934,
is calculated by multiplying the Transaction Valuation by 0.000107.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#254;</FONT> Check the box if any part of the fee is offset as provided by Rule&nbsp;0-11 (a) (2)&nbsp;and
identify the filing with which the offsetting fee was previously paid. Identify the previous filing
by registration statement number, or the Form or Schedule and the date of its filing.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="90%">
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<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="0%">&nbsp;</TD>
    <TD width="60%">&nbsp;</TD>
</TR>
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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Amount Previously Paid: $1,378.28
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Filing Party: Apex Acquisition Corporation/NACCO Industries, Inc.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Form or Registration No.: Schedule&nbsp;TO-T/A
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Date Filed: December&nbsp;26, 2006</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Amount Previously Paid: $1,378.28
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Filing Party: Apex Acquisition Corporation/NACCO Industries, Inc.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Form or Registration No.: Schedule&nbsp;TO-T/A
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Date Filed: December&nbsp;21, 2006</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Amount Previously Paid: $17,917.61
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Filing Party: Apex Acquisition Corporation/NACCO Industries, Inc.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Form or Registration No.: Schedule&nbsp;TO-T
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Date Filed: December&nbsp;15, 2006</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> Check the box if the filing relates solely to preliminary communications made before
the commencement of a tender offer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate boxes below to designate any transactions to which the statement relates:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#254;</FONT> third-party tender offer subject to Rule&nbsp;14d-1.

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> issuer tender offer subject to Rule&nbsp;13e-4.

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> going-private transaction subject to Rule&nbsp;13e-3.

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> amendment to Schedule&nbsp;13D under Rule&nbsp;13d-2.

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the following box if the filing is a final amendment reporting the results of the
tender offer: <FONT style="font-family: Wingdings">&#111;</FONT>
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">








<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Items 1 through 9, and Item&nbsp;11.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Amendment No.&nbsp;4 (this &#147;Amendment&#148;) to the Tender Offer Statement on Schedule&nbsp;TO amends
and supplements the tender offer statement originally filed with the Securities and Exchange
Commission on December&nbsp;15, 2006, as amended (as so amended and supplemented, the &#147;Schedule&nbsp;TO&#148;), by
Apex Acquisition Corporation, a Florida corporation (&#147;Purchaser&#148;) and a newly formed, indirect,
wholly owned subsidiary of NACCO Industries, Inc., a Delaware corporation (&#147;NACCO&#148;). The Schedule
TO relates to the offer by Purchaser to purchase all outstanding shares of common stock, par value
$0.10 per share (the &#147;Shares&#148;), of Applica Incorporated, a Florida corporation (the &#147;Company&#148;),
other than Shares held by NACCO or its affiliates, at a price of $7.50 per Share, net to the seller
in cash, without interest, upon the terms and subject to the conditions set forth in the Offer To
Purchase dated December&nbsp;15, 2006, as amended (the &#147;Offer To Purchase&#148;), and in the related Letter
of Transmittal (which, together with the Offer To Purchase and any amendments or supplements
thereto constitute the &#147;Offer&#148;). Capitalized terms used but not defined herein have the meanings
specified in the Offer To Purchase and the Schedule&nbsp;TO. The item numbers referenced herein are in
accordance with the requirements of Schedule&nbsp;TO. Except as specifically provided herein, this
Amendment does not modify any of the information previously reported on Schedule&nbsp;TO.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The price per Share to be paid pursuant to the Offer has been increased from $7.50 per Share
to $7.75 per Share, net to the seller in cash, without interest. The full text of the press
release issued by NACCO on January&nbsp;3, 2007 announcing the
increase in the Offer Price, extending the Expiration Date and
responding to inquiries about the Offer To Purchase is filed herewith as Exhibit (a)(5)(iv).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Offer To Purchase and the related Letter of Transmittal, together with the Letter to
Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees, and the Letter to Clients
for Use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees, are each hereby
amended to delete all references to the Offer Price of $7.50 per Share and to replace them with
references to $7.75 per Share except in the paragraph of &#147;The Offer &#151; Section&nbsp;11. Contacts and
Transactions with the Company; Background of the Offer&#148; describing the price increase made by
Purchaser and NACCO on December&nbsp;26, 2006.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Offer To Purchase and the related Letter of Transmittal, together with the Letter to
Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees, and the Letter to Clients
for Use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees, are each hereby
amended to delete all references to the January&nbsp;16, 2007 Expiration Date and to replace them with
references to a January&nbsp;17, 2007 Expiration Date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The conditions set forth in &#147;The Offer &#151; Section&nbsp;14. Conditions to the Offer&#148; are amended
and restated pursuant to paragraph 5 below in their entirety to reflect prior amendments to the
conditions set forth in Amendment No.&nbsp;3 to the Tender Offer Statement on Schedule&nbsp;TO and to amend
or delete certain other conditions, including the following (and as more specifically set forth
below): (i)&nbsp;the condition requiring that there shall not have occurred a general suspension in
trading, extraordinary adverse change in the U.S. financial markets generally, declaration of a
banking moratorium, etc. has been deleted, (ii)&nbsp;the condition requiring that there shall not have
been any statute or action rendering the Offer illegal or imposing limitations has been amended,
and (iii)&nbsp;the condition requiring that there shall not have been any change in the capital
structure of the Company has been amended.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Offer To Purchase is further amended as follows:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The second paragraph under the question &#147;What does the Company Board recommend
regarding the offer?&#148; in the &#147;Summary Term Sheet&#148; is hereby amended and restated in its
entirety to read as follows:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;On December&nbsp;28, 2006, the Company filed an amended Solicitation/Recommendation
Statement on Schedule&nbsp;14D-9 with the Securities and Exchange Commission (the &#147;SEC&#148;)
in connection with the offer recommending that the Company&#146;s shareholders reject the
offer and not tender their Shares in the offer. Our obligation to purchase Shares
under the offer is subject to the condition that the Company Board shall have either
recommended that the holders of Shares accept the offer and tender their Shares in
the</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>offer, taken a neutral position with respect to the offer or not recommended against
the offer. See &#147;The Offer &#151; Section&nbsp;14. Conditions to the Offer.&#148; Satisfaction of
this condition will require the Company Board to change its current recommendation.&#148;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The twelfth paragraph of the &#147;Introduction&#148; is hereby amended and restated in
its entirety to read as follows:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;On December&nbsp;28, 2006, the Company filed an amended Solicitation/Recommendation
Statement on Schedule&nbsp;14D-9 with the SEC in connection with the Offer recommending
that the Company&#146;s shareholders reject the Offer and not tender their Shares in the
Offer. The Schedule&nbsp;14D-9 contains other important information, and Purchaser
recommends that holders of Shares review it carefully. None of NACCO, Purchaser or
any of their respective affiliates or representatives takes any responsibility for
the disclosure included in or incorporated by reference into the Schedule&nbsp;14D-9.&#148;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The first sentence of &#147;The Offer &#151; Section&nbsp;10. Source and Amount of Funds&#148; is
hereby amended and restated in its entirety to read as follows:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;The total amount of funds required by Purchaser to complete the Offer and
consummate the Merger, and expected to be incurred by Purchaser, is estimated to be $193,750,767.25 plus any related transaction fees and expenses.&#148;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The following is hereby added at the end of &#147;The Offer &#151; Section&nbsp;11. Contacts
and Transactions with the Company; Background of the Offer&#148;:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;According to published reports and the Company&#146;s public filings, on December&nbsp;27,
2006, the Company and Harbinger amended the Harbinger Agreement to provide for the
Company&#146;s shareholders to receive $7.50 per Share if the merger contemplated by the
Harbinger Agreement closes. According to the Applica 12-4-06 Proxy Statement, as
amended, the scheduled date for Applica shareholders to vote on the merger
contemplated by the Harbinger Agreement is January&nbsp;4, 2007. On December&nbsp;28, 2006,
the Company filed an amended Solicitation/Recommendation Statement on Schedule&nbsp;14D-9
with the SEC in connection with the Offer recommending that the Company&#146;s
shareholders reject the Offer and not tender their Shares in the Offer. The Schedule
14D-9 contains other important information, and Purchaser recommends that holders of
Shares review it carefully. None of NACCO, Purchaser or any of their respective
affiliates or representatives takes any responsibility for the disclosure included
in or incorporated by reference into the Schedule&nbsp;14D-9, as amended.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On January&nbsp;3, 2007, Purchaser and NACCO increased the Offer Price to $7.75 per
Share, net to the seller in cash, without interest, modified the conditions to
the Offer and extended the Expiration Date of the Offer.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On January&nbsp;3, 2007, NACCO issued a press release
reflecting the foregoing changes and responding to inquiries relating to
the Offer.&#148;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">5.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;The Offer &#151; Section&nbsp;14. Conditions to the Offer&#148; is hereby amended and
restated in its entirety to read as follows:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Notwithstanding any other provision of the Offer, and in addition to (and not in
limitation of) Purchaser&#146;s rights to extend and amend the Offer at any time,
Purchaser will not be required to accept for payment, purchase or pay for, subject
to any applicable rules and regulations of the SEC, including Rule&nbsp;14e-1(c) under
the Exchange Act, and may delay the acceptance for payment of or, subject to the
restriction referred to above, the payment for, any tendered Shares (whether or not
any Shares theretofore have been accepted for payment or paid for pursuant to the
Offer), and may amend or terminate the Offer, if (1)&nbsp;at the Expiration Date the
Minimum Condition has not been satisfied or (2)&nbsp;at any time on or prior to the
Expiration Date, any of the following conditions has not been satisfied:</TD>
</TR>

</TABLE>
</DIV>
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</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Company Board shall have irrevocably taken all action necessary to
render Sections&nbsp;607.0901 and 607.0902 of the FBCA inapplicable to Purchaser and to
the acquisition by Purchaser of the Shares pursuant to the Offer and the Merger and
shall have irrevocably resolved to elect, to the extent permitted by law, not to be
subject to any other &#147;moratorium,&#148; &#147;control share acquisition,&#148; &#147;business
combination,&#148; &#147;fair price,&#148; &#147;interested stockholder&#148; or other form of anti-takeover
law or regulation;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the Company Board shall have either recommended that the holders of
Shares accept the Offer and tender their Shares in the Offer, taken a neutral
position with respect to the Offer or not recommended against the Offer;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the Harbinger Agreement shall have been terminated, or a court of
competent jurisdiction shall have entered an order satisfactory to Purchaser that
the Harbinger Agreement is not legally valid and binding on the parties thereto;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) no event, circumstance, change or effect shall have occurred since
October&nbsp;19, 2006 that, individually or in the aggregate, with all other events,
circumstances, changes and effects, is or could reasonably be expected to be
materially adverse to the business, financial condition, assets, liabilities or
results of operations of the Company and its Subsidiaries, taken as a whole;
provided, however, that the foregoing shall not include any event, circumstance,
change or effect resulting from (A)&nbsp;changes in general economic conditions or (B)
general changes in the industry of designing, marketing and distributing small
electronic kitchen and household appliances in which the Company and its
Subsidiaries operate that do not have a disproportionate effect (relative to overall
industry performance) on the Company and its Subsidiaries, taken as a whole;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) there shall be no Action (as defined below) pending or threatened in
writing, which the board of directors of Purchaser determines, following the receipt
of advice from its outside counsel, (A)&nbsp;makes the acceptance for payment of, or
payment for or purchase of some or all of the Shares pursuant to the Offer illegal,
(B)&nbsp;imposes material limitations on the ability of NACCO, Purchaser or any of their
respective subsidiaries to acquire or hold, transfer or dispose of, or effectively
to exercise all rights of ownership of, some or all of the Shares including the
right to vote the Shares purchased by it pursuant to the Offer on an equal basis
with all other Shares on all matters properly presented to the Company shareholders,
(C)&nbsp;imposes any limitations on the ability of NACCO or Purchaser or any of their
respective affiliates effectively to control the business or operations of the
Company, NACCO, Purchaser or any of their respective subsidiaries or seeks to
require divestiture by Purchaser (or any affiliate of Purchaser) of any or all of
the Shares, or (D)&nbsp;otherwise prohibits the Offer or the Merger. For purposes of
this Condition (v), &#147;Action&#148; means any controversy, claim, action, litigation,
arbitration, mediation or other proceedings by or before any arbitrator, court,
judicial, legislative, administrative or regulatory agency, commission, department,
board, bureau, body or other governmental authority or instrumentality or any person
exercising executive, legislative, judicial, regulatory or administrative functions
of or pertaining to government, whether foreign, federal, state or local,
arbitrator, mediator or other person acting in a dispute resolution capacity, or any
investigation, subpoena or demand preliminary to any of the foregoing;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)
&#091;<i>Intentionally Deleted</i>&#093;;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) the Company and Purchaser shall not have reached an agreement or
understanding that the Offer be terminated or amended, and Purchaser (or one of
Purchaser&#146;s affiliates) shall not have entered into a definitive agreement or an
agreement in principle to acquire the Company by merger or other business
combination, or to purchase Shares or assets of the Company;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) the Company shall not have (A)&nbsp;issued, distributed, pledged, sold or
authorized, or proposed the issuance of or distribution, pledge or sale to any
person of any (1)&nbsp;shares of its capital stock (other than sales or issuances (in
accordance with the
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">present terms thereof) pursuant to employee stock options
outstanding on November&nbsp;27,
2006) of any class (including, without limitation, the Shares) or securities
convertible into or exchangeable for any such shares of capital stock, or any
rights, warrants or options to acquire any such shares or convertible securities or
any other securities of the Company, (2)&nbsp;other securities in respect of, in lieu of
or in substitution for Shares outstanding on November&nbsp;27, 2006, or (3)&nbsp;debt
securities or any securities convertible into or exchangeable for debt securities or
any rights, warrants or options entitling the holder thereof to purchase or
otherwise acquire any debt securities, (B)&nbsp;repurchased, redeemed or otherwise
acquired, or proposed or offered to repurchase, redeem or otherwise acquire, any
outstanding Shares or other securities, except for transactions pursuant to the
terms of options to acquire Shares outstanding as of September&nbsp;30, 2006, (C)
declared or paid any dividend or distribution on any Shares or any other security,
whether payable in cash, securities or other property, (D)&nbsp;altered or proposed to
alter any material term of any outstanding security, (E)&nbsp;incurred, agreed to incur,
created, assumed or suffered to exist, any debt other than in the ordinary course of
business (1)&nbsp;pursuant to its revolving credit facility in an amount not to exceed
$125&nbsp;million since October&nbsp;19, 2006 or (2)&nbsp;for trade payables, (F)&nbsp;acquired or
agreed to acquire by merger or consolidation, or by purchasing a substantial equity
interest in or a substantial portion of the assets of, or by any other manner, any
business or any corporation, partnership, limited liability entity, joint venture,
association or other business organization or division thereof or otherwise acquire
or agree to acquire any material assets (excluding the acquisition of assets in the
ordinary course of business consistent with past practice), or (G)&nbsp;sold, leased,
licensed or otherwise encumbered or subjected to any encumbrance or otherwise
disposed of or agreed to sell, lease, license or otherwise encumber or subject to
any encumbrance or otherwise dispose of, any assets (including capital stock of any
Subsidiary of the Company), but excluding inventory and obsolete equipment in the
ordinary course of business consistent with past practice, other than internal
reorganizations or consolidations involving Subsidiaries of the Company existing as
of October&nbsp;19, 2006;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) the Company shall not have amended, or proposed or authorized any
amendment to, its certificate of incorporation or by-laws or similar organizational
documents and Purchaser shall not have learned that the Company has proposed,
adopted or recommended any such amendment which has not been publicly disclosed by
the Company and also set forth in filings with the SEC, in each case, prior to
December&nbsp;14, 2006;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x)
&#091;<i>Intentionally Deleted</i>&#093;;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi)
&#091;<i>Intentionally Deleted</i>&#093;; or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) the Company shall not have transferred into trust, escrow or similar
arrangement any amounts required to fund any existing benefit, employment or
severance agreements with any of its employees and shall not have entered into with
its employees or otherwise affected any additional benefit, employment, severance or
similar agreements, arrangements or plans other than in the ordinary course of
business, or entered into or amended any agreements, arrangements or plans with an
employee or employees so as to provide for increased benefits as a result of or in
connection with the transactions contemplated by the Offer or the Merger, which in
the sole judgment of Purchaser in each case with respect to any matter referred to
above makes it inadvisable to proceed with the Offer or with the acceptance for
payment of, or the payment for, the Shares.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">For purposes of the Offer, &#147;on a fully diluted basis&#148; means, as of any time, the
number of Shares outstanding, together with all Shares which the Company may be
required to issue pursuant to any then outstanding warrants, options, benefit plans
or obligations or securities convertible or exchangeable into Shares or otherwise,
whether or not vested or then exercisable.
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 8%">The foregoing conditions are for the sole benefit of Purchaser and its affiliates
(other than the Company) and may be asserted by Purchaser regardless of the
circumstances
(including any action or inaction by Purchaser) giving rise to any such conditions
or may be waived by Purchaser, in whole or in part, at any time and from time to
time in the reasonable discretion of Purchaser. The determination as to whether any
condition has been satisfied will be made in the reasonable judgment of Purchaser
and will be final and binding. The failure by Purchaser at any time to exercise its
rights under any of the foregoing conditions will not be deemed a waiver of any such
rights and each such right will be deemed an ongoing right which may be asserted at
any time or from time to time prior to the Expiration Date of the Offer.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;12. Exhibits.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item&nbsp;12 of the Schedule&nbsp;TO is hereby amended and supplemented to add the following
exhibit:
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(5)(iv) Press release issued by NACCO, dated January&nbsp;3, 2007
</DIV>


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<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After due inquiry and to the best of my knowledge and belief, I certify that the information
set forth in this statement is true, complete and correct.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="46%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">Date: January&nbsp;3, 2007</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Apex Acquisition Corporation</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Charles A Bittenbender</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: Charles A. Bittenbender</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title: Secretary</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">NACCO Industries, Inc.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Charles A Bittenbender</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: Charles A. Bittenbender</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title: Vice President, General Counsel, and Secretary</TD>
</TR>
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</DIV>


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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(1)(A)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Offer To Purchase, dated December&nbsp;15, 2006*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(1)(B)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Letter of Transmittal*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(1)(C)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Notice of Guaranteed Delivery*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(1)(D)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(1)(E)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Letter to Clients for Use by Brokers, Dealers, Commercial Banks, Trust Companies and
Other Nominees*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(1)(F)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Guidelines for Certification of Taxpayer Identification Number on Substitute Form&nbsp;W-9*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(1)(G)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release issued by NACCO, dated December&nbsp;15, 2006*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(1)(I)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Summary advertisement, published December&nbsp;15, 2006*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(5)(i)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Complaint filed on December&nbsp;18, 2006 in the United Stated District Court for the
Northern District of Ohio, Eastern Division*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(5)(ii)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release issued by NACCO, dated December&nbsp;21, 2006*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(5)(iii)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release issued by NACCO, dated December&nbsp;26, 2006*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a)(5)(iv)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release issued by NACCO, dated January&nbsp;3, 2007</TD>
</TR>
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<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>
<TR><TD>&nbsp;</TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Previously filed.</TD>
</TR>

</TABLE>




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<DOCUMENT>
<TYPE>EX-99.A.5.IV
<SEQUENCE>2
<FILENAME>l23908aexv99waw5wiv.htm
<DESCRIPTION>EXHIBIT (A)(5)(IV)
<TEXT>
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Exhibit (a)(5)(iv)
</DIV>





<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="49%"></TD>
    <TD width="2%"></TD>
    <TD width="49%"></TD>
</TR>
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<TR valign="bottom">
    <TD align="left" valign="top"><FONT  style="font-size:24pt"><u>NEWS RELEASE</u></FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><IMG src="l23908al2390890.gif"><FONT style="font-size:24pt">NACCO Industries, Inc.</FONT></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">5875 Landerbrook Drive <FONT style="font-family: Wingdings">&#108;</FONT> Cleveland, Ohio 44124-4069<BR>
Tel. (440)&nbsp;449-9600 <FONT style="font-family: Wingdings">&#108;</FONT> Fax (440)&nbsp;449-9577</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><B>For Immediate Release</B><BR>
<u><B>Wednesday, January&nbsp;3, 2007</B></U></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>NACCO INDUSTRIES, INC. INCREASES TENDER OFFER PRICE<BR>
FOR APPLICA TO $7.75 PER SHARE, AMENDS CONDITIONS TO THE OFFER</B>
</DIV>

<DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 25%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>
RESPONDS TO SHAREHOLDER INQUIRIES</B>
</DIV>
<DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 25%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>CLEVELAND, OH, January&nbsp;3, 2007 </B>&#151; NACCO Industries, Inc. (NYSE: NC) announced today that through an
indirect, wholly owned subsidiary, it has increased the offer price in its cash tender offer to
purchase all of the issued and outstanding shares of common stock, par value $0.10 per share, of
Applica Incorporated (NYSE: APN) from $7.50 per share to $7.75 per share.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Apex Acquisition Corporation, NACCO&#146;s indirect, wholly owned subsidiary, will be filing an
amendment to its Schedule&nbsp;TO today with the Securities and Exchange Commission amending and
restating the conditions to its cash tender offer for all of Applica&#146;s shares. The amended and
restated conditions will reflect prior amendments to the conditions, amend certain other conditions
and delete a condition. The tender offer remains subject to various conditions, including the
tender of a majority of Applica shares, calculated on a fully diluted basis. The tender offer is
not subject to a financing contingency. The amendment will also extend the expiration date of the
offer to January&nbsp;17, 2007 as a result of the price increase.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Applica has announced that it will reconvene the Special Meeting of its shareholders on January&nbsp;4,
2007 to vote on the proposed Harbinger merger. Applica shareholders are urged to accept the NACCO offer at $7.75 per share.
</DIV>
<DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 25%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">NACCO has received various shareholder inquiries, in part due to the competing acquisition proposal
from certain entities affiliated with Harbinger Capital Partners
Master Fund I, Ltd., which we collectively refer to here as
"Harbinger." Accordingly, NACCO also released the following
information in a question and answer format.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>Q.</I></B>&nbsp;&nbsp;<B><I>How does your current tender offer price compare to the price in Harbinger&#146;s $7.50 per share
merger price?</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A.&nbsp;&nbsp;Our current tender offer price exceeds Harbinger&#146;s per share merger price by $0.25 per share.
Under the purported merger agreement between Applica and Harbinger, Harbinger has
the right to match our increased price of $7.75 per share. Harbinger has matched our tender offer
price on each of the three occasions on which we increased our tender offer price.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->1<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We do not, however, concede that the matching right exists because we believe that the
Harbinger-Applica merger agreement was entered into in breach of our prior merger agreement with Applica
and have initiated litigation in Delaware on this and other issues. There can be no assurance that
our position will prevail in litigation or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>Q.</I></B>&nbsp;&nbsp;<B><I>Will you increase your tender offer price if Harbinger matches your increased tender offer
price?</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A.&nbsp;&nbsp;While
we continue to desire to acquire Applica and will moniter the
situation, there
can be no assurance that we will increase our tender offer price. In
all events, we have no current intention of increasing our price if
Applica shareholders approve the purported Harbinger-Applica merger agreement. Based on publicly
available information, the Applica special shareholder meeting to vote on the Harbinger-Applica
transaction is scheduled to be reconvened on Thursday,
January&nbsp;4, 2007, at 11:00&nbsp;a.m. Florida time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>Q.</I></B>&nbsp;&nbsp;<B><I>If I voted for the adoption of the Harbinger-Applica merger agreement and want to change my
vote, can I?</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A.&nbsp;&nbsp;Yes. According to Applica&#146;s proxy statement you can change your vote at any time before your
proxy is voted at the special meeting. You can change your vote by doing any of the following:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>delivering a written notice to the corporate secretary of Applica before the special
meeting is reconvened that states you revoke your proxy;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>delivering a signed and dated new proxy card before the special meeting is
reconvened in accordance with the instructions included with the proxy card sent to you
by Applica; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>attending the special meeting when it is reconvened and voting in person.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Simply attending the special meeting when it is reconvened will not revoke your proxy. If your
shares are held in &#147;street name&#148; by your broker, bank, dealer or other nominee, you must follow
instructions received from such broker, bank or nominee with the proxy statement you received from
Applica in order to revoke your vote or to vote at the special meeting once it is reconvened.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>A special note to street name shareholders</I></B>: Most street name shareholders can vote telephonically
or via the internet up to 11:59&nbsp;p.m. Eastern Time the day prior to the special meeting. Simply
follow the instructions on the form of proxy sent to you by your bank or broker or call your bank
or broker with any questions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>Q.</I></B>&nbsp;&nbsp;<B><I>If I sold my shares but was a record holder on the record date, can I still vote or change my
vote?</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A.&nbsp;&nbsp;Yes. According to Applica&#146;s proxy statement, if you transfer your shares of Applica common
stock after the record date but before the special meeting is reconvened, you retain the right to
vote at the special meeting.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>Q.</I></B>&nbsp;&nbsp;<B><I>The Applica Board has characterized your offer as highly conditional. Is it?</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A.&nbsp;&nbsp;We amended the conditions to our offer on Tuesday, December&nbsp;26, 2006 and again this morning and
believe our conditions are customary for tender offers. If the expiration date had been the date
of our last amendment, based on information available to us, we believe that all conditions to the
offer would have been satisfied, except for the conditions that (1)&nbsp;a majority of the outstanding
shares be tendered, (2)&nbsp;Applica&#146;s Board takes action to exempt our tender offer from Florida&#146;s
antitakeover laws, (3)&nbsp;the Harbinger-Applica merger agreement being terminated or a court ordering that the
Harbinger-Applica merger agreement is not binding on Applica, and (4)&nbsp;the Applica Board not recommending against
the tender offer. Only shareholders can take action that would satisfy the minimum share condition
described in condition (1). Applica&#146;s Board could take action to satisfy conditions (2)&nbsp;through
(4)&nbsp;and we urge that it do so in the proper exercise of its fiduciary duties.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">While this is necessarily a matter of judgment, Harbinger&#146;s obligations to complete the merger are
subject to what NACCO believes to be substantially equivalent conditions, including:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>approval by the holders of a majority of Applica&#146;s shares not beneficially owned by
Harbinger,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Applica&#146;s compliance in all material respects with its covenants with Harbinger,
which include restrictions on Applica&#146;s ability to modify its capital structure,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Applica&#146;s representations in its purported Harbinger-Applica merger agreement, including as
to the absence of a material adverse change in its business, financial conditions,
assets, liabilities or results of operations (subject to exceptions for industry and
general economic conditions that do not disproportionately affect Applica) and the
exemption from certain Florida antitakeover laws being true and correct in all material
respects,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the absence of litigation that Harbinger determines, following the advice from
counsel, presents a reasonable likelihood of a material adverse effect, and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the receipt of certain third-party consents, which have not been disclosed in
Applica&#146;s proxy materials.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>Q.</I></B>&nbsp;&nbsp;<B><I>When is the earliest you could purchase shares tendered for purchase pursuant to your offer?</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A.&nbsp;&nbsp;Our offer was scheduled to expire on Tuesday, January&nbsp;16, 2007. However, as a result of the
increased tender offer price, our offer is now scheduled to expire on Wednesday, January&nbsp;17, 2007,
after which we will purchase shares tendered pursuant to our offer if the conditions to the offer
are satisfied or waived. If we were to amend the offer to increase the price or in some other
respects after January&nbsp;3, 2007, we could, depending on the circumstances, be required to extend the
expiration date and purchase date.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>Q.</I></B>&nbsp;&nbsp;<B><I>How many shares have been tendered to you so far?</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A. &nbsp;&nbsp;As of the close of business on
Friday, December 29, 2006, approximately 1,300 shares have been tendered pursuant to the tender
offer.  We believe that most shareholders have not received, or only recently received,
our tender offer documents.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B><I>Q.</I></B>&nbsp;&nbsp;<B><I>What do you intend to do if Harbinger&#146;s proposal is approved by shareholders?</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A.&nbsp;&nbsp;We intend to vigorously pursue litigation against Harbinger and other parties based on our
belief that our July&nbsp;2006 merger agreement with Applica was breached and that Harbinger entities
and other parties violated federal and state laws in connection with this transaction.
</DIV>

<DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 25%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Questions regarding the tender offer or requests for offering materials should be directed to the
information agent, MacKenzie Partners, Inc., at (800)&nbsp;322-2885. Offering materials are being filed
today by Apex Acquisition Corporation, an indirect, wholly owned subsidiary of NACCO, with the
Securities and Exchange Commission (SEC)&nbsp;and will be available on the SEC&#146;s website at
<I>http://www.sec.gov</I>. Applica&#146;s shareholders are urged to read the offering materials filed by Apex
Acquisition Corporation, which contain important information.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO PURCHASE OR A SOLICITATION OF AN OFFER TO SELL,
WHICH MAY BE MADE ONLY PURSUANT TO THE TERMS OF THE OFFER TO PURCHASE AND RELATED LETTER OF
TRANSMITTAL INITIALLY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON DECEMBER 15, 2006, AS
AMENDED. THE OFFER IS NOT BEING MADE TO, NOR WILL TENDERS BE ACCEPTED FROM OR ON BEHALF OF,
HOLDERS OF APPLICA SHARES IN ANY JURISDICTION IN WHICH THE MAKING OF THE OFFER OR THE ACCEPTANCE
THEREOF WOULD NOT COMPLY WITH THE LAWS OF THAT JURISDICTION.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">About NACCO
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">NACCO is an operating holding company with three principal businesses: lift trucks, housewares and
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<SUP style="font-size: 85%; vertical-align: text-top">&#174;</SUP> and Yale<SUP style="font-size: 85%; vertical-align: text-top">&#174;</SUP> brand names. NACCO Housewares Group consists of Hamilton Beach/Proctor-Silex, a
leading designer, marketer and distributor of small electric household appliances, as well as
commercial products for restaurants, bars and hotels, and The Kitchen Collection, Inc., a national
specialty retailer of kitchenware and gourmet foods operating under the Kitchen Collection<SUP style="font-size: 85%; vertical-align: text-top">&#174;</SUP> and Le
Gourmet Chef<SUP style="font-size: 85%; vertical-align: text-top">&#174;</SUP> store names in outlet and traditional malls throughout the United States. 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. Additional
information about NACCO is available at www.nacco.com.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The statements contained in the news release that are not historical facts are &#147;forward-looking
statements&#148; within the meaning of Section&nbsp;27A of the Securities Act of 1933 and Section&nbsp;21E of the
Securities Exchange Act of 1934. These forward-looking statements are made subject to certain
risks and uncertainties, which could cause actual results to differ materially from those presented
in these forward-looking statements. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. NACCO undertakes no obligation
to publicly revise these forward-looking statements to reflect events or circumstances that arise
after the date hereof. Among the factors that could cause plans, actions
</DIV>


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</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">and results to differ materially from current expectations are, without limitation: (i)&nbsp;whether the
conditions to the tender offer will be satisfied; (ii)&nbsp;developments in the pending litigation filed
by NACCO and a NACCO subsidiary against Applica and Harbinger related to the Harbinger-Applica merger agreement, additional litigation, if any, which may be commenced and the impact of any such
litigation on the tender offer; (iii)&nbsp;uncertainty as to what action the Applica Board will take
with respect to the tender offer and the potential consequences or any such action; (iv)
uncertainty as to what action, if any, Harbinger will take in response to the tender offer and the
potential consequences of any such action or failure to take action; and (v)&nbsp;general economic,
capital market and business conditions.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">FOR QUESTIONS ABOUT THE TENDER OFFER, CONTACT:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">MacKenzie Partners, Inc.<BR>
105 Madison Avenue<BR>
New York, New York 10016<BR>
Toll-Free: (800)&nbsp;322-2885 or,<BR>
Call Collect: (212)&nbsp;929-5500

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">tenderoffer@mackenziepartners.com
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">ANALYSTS AND MEDIA CONTACT:<BR>
NACCO Industries, Inc.<BR>
Christina Kmetko<BR>
Manager &#151; Finance<BR>
(440)&nbsp;449-9669

</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->5<!-- /Folio -->
</DIV>


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