MoneyGram Will Release First Quarter Earnings April 18; Conference Call Scheduled

Minneapolis, Minn., March 27, 2007 – MoneyGram International, Inc. (NYSE: MGI) will announce its first quarter financial results on Wednesday, April 18. Phil Milne, chairman, president and CEO, and Dave Parrin, executive vice president and CFO, will host a conference call beginning at 5:00 p.m. EDT that day.

To listen to the call, dial 800-299-0433 in the U.S. The passcode will be 37860563. 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 91907574.

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 110,000 global money transfer locations in 170 countries and territories. For more information, visit the company’s website at www.moneygram.com.