# Exhibit 99.8

(GRANT THORNTON LOGO)

Accountants and Business Advisors

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| | SENT VIA FEDERAL EXPRESS AND FACSIMILE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
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| | April
  12, 2006                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
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| | Mr.
  Joseph G. Stienessen, Audit Committee Chairman                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
| | Ms.
  Maryjo Cohen, Chairman and Chief Executive Officer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
| | Mr.
  Randy F. Lieble, Chief Financial Officer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
| | National
  Presto Industries, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
| | 3925
  North Hastings Way                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
| | Eau
  Claire, WI 54703                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
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| | Dear
  Mr. Stienessen, Ms. Cohen, and Mr. Lieble:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
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| | Following
  the completion of our audits and the issuance of our opinions on National
  Presto Industries, Inc.s (National Presto) financial statements as of and
  for the three years ended December 31, 2005, and the Companys internal control
  over financial reporting as of December 31, 2005, Grant Thornton LLP (Grant Thornton)
  became aware of certain information that previously had not been provided to
  us. We have recently learned that contrary to earlier representations made to us by
  National Prestos counsel, the staff of the Securities and Exchange Commission (SEC) does
  object to National Prestos filing of its 2005 financial statements on Form 10-K.                                                                                                                                                                                                                                                                                                                                                                                                                                                
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| | During the course of our
  audit, National Prestos counsel affirmatively represented to us that he had direct conversations with the
staff of
  the SEC regarding the proper form of financial filing following the Companys
  registration under the Investment Company Act of 1940. Counsel represented in
  writing that the SEC staff would not object to National Presto filing its financial statements as an operating
company
  on Form 10-K without the inclusion of a footnote with pro forma financial statement information consistent
  with investment company financial reporting requirements pursuant to
  Article 6 of Regulation S-X and Form N-CSR.
  Following the filing of the Form 10-K however, the SEC staff communicated in writing to Grant Thornton that the
Companys
  financial statement presentation did not comply with the conditions under which they would not object. Further,
  the staff believes that the
  Companys financial statement presentation in its Form 10-K has no basis in authoritative generally
accepted accounting
  principles given the Companys registration as an investment company.

175 W. Jackson Boulevard
Chicago, IL 60604T   312.856.0200F   312.565.4719W  www.grantthornton.com

Grant Thornton LLPUS member of Grant Thornton International

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(GRANT THORNTON LOGO)

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| | In view of this information, our audit opinion on
  the financial statements as of and for the three
  years ended December 31, 2005, and our opinion on the Companys internal
  control over financial reporting as
  of December 31, 2005, included in National Prestos Form 10-K can no longer be relied upon. The Company
should
  consult counsel to ensure that it meets its disclosure obligations.
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| | (GRANT THORNTON LLP)                                                                                                                                                                                                                                                                                                                                                                                        
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| | GRANT THORNTON LLP                                                                                                                                                                                                                                                                                                                                                                                          

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