MoneyGram Will Release Second Quarter Earnings July 18; Conference Call Scheduled

Minneapolis, Minn., June 28, 2007 – MoneyGram International, Inc. (NYSE: MGI) will announce its second quarter financial results on Wednesday, July 18.  Phil Milne, chairman, president and chief executive officer, and Dave Parrin, executive vice president and chief financial officer, will host a conference call beginning at 5:00 p.m. EDT that day.

To listen to the call, dial 888-679-8040 in the U.S.  The passcode will be 69187960.  The earnings press release will be available prior to the call on MoneyGram’s website at www.moneygram.com.

A replay of the call will be available for two weeks at 888-286-8010 for U.S. callers or 617-801-6888 for international callers.  The passcode will be 15103916.

About MoneyGram International, Inc.

MoneyGram International, Inc. is a leading global payment services company and S&P MidCap 400 company.  The company’s major product and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers.  MoneyGram is a New York Stock Exchange listed company, with $1.16 billion in revenue in 2006 and approximately 114,000 global money transfer locations in 170 countries and territories.  For more information, visit the company’s website at www.moneygram.com.