AMERCO

The parent company of U-Haul, North America's largest “do-it-yourself” moving and storage operator, AMERCO Real Estate Company, Republic Western Insurance Company and Oxford Life Insurance Company.

AMERCO Declares Preferred Stock Dividend

RENO, Nev., May 5, 2010 – On May 3, 2010, AMERCO, the parent company of U-Haul International, Inc. and other companies, declared a regular quarterly cash dividend of $.53125 per share on its Series A, 8 1/2 percent Preferred Stock (NYSE: AO+A). The dividend will be payable June 1, 2010 to holders of record on May 17, 2010.