Webcast Alert: AMERCO Announces Its Fourth Quarter Fiscal 2005 Investor Call on the Web; Live and Archived Call Notification

PHOENIX, June 22 -- In conjunction with AMERCO, you are invited to listen to its Fourth Quarter Fiscal 2005 Investor Call that will broadcast live over the Internet on Tuesday, June 28, 2005 at 10:00 a.m. Pacific Time.

   What:     AMERCO
Fourth Quarter Fiscal 2005 Investor Call
   
   When:     Tuesday, June 28, 2005
   
   How:      Live over the Internet -- Simply log on to the web at
   www.amerco.com
   
   Contact:  Jennifer Flachman, Director of AMERCO Investor Relations
   (800) 528-0361, ext. 6568

AMERCO is the Reno, Nev.-based holding company for U-Haul International Inc., Oxford Life Insurance Company, Republic Western Insurance Company and Amerco Real Estate Company.

If you are unable to participate during the live Webcast, the call will be archived on the Web site www.amerco.com. To access the replay, click on the investor relations home page. The call will also be archived at www.prnewswire.com

* (Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp , and at least a 28.8Kbps connection to the Internet.)