News Releases

 NEW YORK, June 24, 2003 -- The New York Stock Exchange (the "NYSE") announced today that it has completed the review of the continued listing status of the Series A 8 1/2% preferred stock of AMERCO (the "Company") -- ticker symbol AOPRA --.  The NYSE has not opened trading in the Series A 8 1/2% preferred stock since Monday, June 23, 2003, in order to assess the continued listing status of the security, in view of the Company’s announcement on Friday, June 20, 2003 that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court, District of Nevada.

 Such assessment has shown that the Company is currently in compliance with all of the NYSE’s quantitative continued listing standards.  Accordingly, the NYSE will begin the procedure to resume trading in the Company’s security. The NYSE will continue to closely monitor events at the Company in connection with assessing the appropriateness of continued listing of the Company’s security and notes that the Company continues to defer the quarterly dividend associated with the Series A 8 1/2% preferred stock.  The NYSE will give consideration to immediate suspension of the Company’s security if authoritative advice is received that the Company’s securities, including the common stock, are without value, or if the Company subsequently falls below any of the NYSE’s quantitative continued listing standards.

 The NYSE noted that it may, at any time, suspend a security if it believes that continued dealings in the security on the NYSE are not advisable.