MoneyGram Will Release First Quarter Earnings May 8; Conference Call Scheduled

Minneapolis, Minn., May 1, 2008 – MoneyGram International, Inc. (NYSE: MGI) will announce its first quarter financial results on Thursday, May 8.  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. ET that day.

To listen to the call, dial 1-800-561-2718 in the U.S.  The passcode will be 97390676.  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 34687361.

About MoneyGram International, Inc.

MoneyGram International, Inc. is a leading global payment services company. The company's major products 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 approximately 150,000 global money transfer agent locations in 180 countries and territories. For more information, visit the company's website at www.moneygram.com.