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EXHIBIT (15) LETTER RE: UNAUDITED FINANCIAL INFORMATION
Board of Directors and Shareholders
Park-Ohio Holdings Corp.
We are aware of the incorporation by reference in the following
Registration Statements of Park-Ohio Holdings Corp., for the registration of its
common stock of our report dated July 19, 2000 relating to the unaudited
consolidated interim financial statements of Park-Ohio Holdings Corp., which are
included in its Form 10-Q for the quarter ended June 30, 2000.
<TABLE>
<CAPTION>
SHARES
REGISTRATION STATEMENT DESCRIPTION REGISTERED
---------------------- ----------- ----------
<S> <C> <C>
Form S-8 (33-64420) 1992 Stock Option Plan 350,000
Form S-8 (33-01047) Individual Account Retirement Plan 1,500,000
Form S-8 (333-28407) Amended and Restated 1992 Stock Option Plan and 1996 750,000
Non-Employee Director Stock Option Plan
Form S-4 (333-46931) Formation of PKOH Holding Corporation 11,000,000
Form S-8 (333-58161) 1998 Long-Term Incentive Plan 550,000
</TABLE>
/s/ Ernst & Young LLP
Cleveland, Ohio
August 11, 2000
19
