MoneyGram Announces Common Stock Begins Trading On NYSE Arca

Minneapolis, Minn., June 23, 2008- MoneyGram International, Inc. (NYSE:MGI) announced today that on June 20, 2008, its common stock began actively trading on NYSE Arca, a national securities exchange owned by NYSE Euronext. The Company’s ticker symbol (MGI) has not changed and the Company remains listed on the NYSE.

Pursuant to the rules of the NYSE, trading in the Company’s common stock was transitioned from the NYSE’s floor trading system to the NYSE Arca’s electronic trading platform, when the Company’s common stock began trading below $1.05 per share.

The Company’s common stock will resume trading on the NYSE floor trading system once it trades at or above $1.10 per share for a full trading day. The Company continues to be subject to the rules and regulations of the NYSE and remains in compliance with the continued listing standards of the NYSE.

About NYSE Euronext

NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, includes the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Arca operates the first open, all-electronic stock exchange in the United States and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca's trading platform links traders to multiple U.S. market centers and provides customers with fast electronic execution and open, direct and anonymous market access.

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 152,000 global money transfer agent locations in 180 countries and territories. For more information, visit the company's website at www.moneygram.com.