AMERCO Declares Preferred Stock Dividend

Phoenix, Arizona, UNITED STATES

RENO, Nev., Feb. 7, 2006 (PRIMEZONE) -- AMERCO (Nasdaq:UHAL), the parent of U-Haul International, Inc., Oxford Life Insurance Company, Republic Western Insurance Company and Amerco Real Estate Company, on February 3, 2006, declared a regular quarterly cash dividend of $.53125 on its Series A, 8 1/2 percent Preferred Stock (NYSE:AO+A). The dividend will be payable March 1, 2006 to holders of record on February 14, 2006.

AMERCO is the parent company of U-Haul International, Inc., North America's largest "do-it-yourself" moving and storage operator, Amerco Real Estate Company, Republic Western Insurance Company and Oxford Life Insurance Company. With a network of over 15,300 locations in all 50 United States and 10 Canadian provinces U-Haul is celebrating its 60th year of serving customers. The company has the largest consumer truck rental fleet in the world, with over 93,000 trucks, 78,750 trailers and 36,100 towing devices. U-Haul has also been a leader in the storage industry since 1974, with over 340,000 rooms and approximately 33 million square feet of storage space and over 1,050 facilities throughout North America.

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