Investor Presentaiton

Self-Storage Results U-HAUL Your Storage Place Occupied room trend improving from increased move-in activity with relatively stable move-out activity year-over-year • 76% average occupancy rate in 1Q11 and 1Q10 with move-ins beginning to offset increased portfolio capacity U-Haul has a brand presence in nearly one out of every six storage locations in the United States Storage Rents ($ in Millions) □ Ow ned Occupied Rooms (in thousands) Managed □ Unoccupied Owned Managed $355.2 $356.0 $348.8 $400 $345.0 $320.1 $350 $106.4 $105.5 $300 $106.7 $101.7 $95.6 $250 $200 $150. $238.3 $248.8 $250.5 $247.1 $224.5 $100. $50- $0 FY2010 FY 2009 FY 2008 FY 2007 FY 2006 (FMG) Storage Revenue / Occupied Square Feet (Annualized) All Properties $12.40 $13.00 $12.44 $12.20 $11.87 500 401.9 395.4 387.8 382.9 $12.50 $11.59 377.7 $12.00 400 98.8 93.1 73.5 62.2 56.3 $11.50 300 $11.00 196.9 199.7 210.3 214.5 215.4 200 $10.50 $10.00 100. 106.2 102.6 04.0 106.2 106.0 $9.50 0 $9.00 FY 2010 FY 2009 FY 2008 FY 2007 FY 2006 FY2010 FY 2009 FY 2008 FY 2007 FY 2006 (PMSI) 14

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