AMERCO Declares Preferred Stock Dividend


RENO, Nev., Nov. 4, 2008 (GLOBE NEWSWIRE) -- On November 3, 2008, 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-PA). The dividend will be payable December 1, 2008 to holders of record on November 14, 2008.

About AMERCO

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.

Since 1945, U-Haul has been the undisputed choice for the do-it-yourself mover, with a network of more than 15,650 locations in all 50 United States and 10 Canadian provinces. U-Haul customers' patronage has enabled the Company to maintain a fleet size of 96,000 trucks, 75,000 trailers and 35,000 towing devices. U-Haul offers more than 391,000 rooms and more than 34 million square feet of storage space at more than 1,075 owned and managed facilities throughout North America. U-Haul is the consumer's number one choice as the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul supplies alternative-fuel for vehicles and backyard barbecues as one of the nation's largest retailer of propane.

For more information about AMERCO, please visit www.amerco.com.


            

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