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MoneyGram International Announces Pricing Of Secondary Offering

MoneyGram International, Inc. (NYSE:MGI), a leading global payment services company, today announced that the underwritten secondary public offering of an aggregate of 9,250,000 shares of MoneyGram’s common stock by affiliates and co-investors of Thomas H. Lee Partners, L.P. and affiliates of Goldman, Sachs & Co. has been priced at $16.25 per share. The selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,387,500 shares of common stock. MoneyGram will not receive any proceeds from the proposed offering. The offering is expected to close on November 23, 2011, subject to the satisfaction of applicable closing conditions.

Morgan Stanley, Goldman, Sachs & Co., BofA Merrill Lynch, J.P. Morgan and Wells Fargo Securities are acting as book running managers for the offering. William Blair & Company, Morgan Keegan and Piper Jaffray are acting as co-managers.

The offering will be made only by means of a prospectus. A copy of the prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC, via telephone: 1-866-718-1649; e-mail: prospectus@morganstanley.com; or standard mail at Morgan Stanley & Co. LLC, 180 Varick Street, New York, NY 10014, Attn: Prospectus Department; Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY, 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email prospectus-ny@gs.com; BofA Merrill Lynch, Attn: Prospectus Department, 4 World Financial Center, New York, NY 10080, email: dg.prospectus_requests@baml.com; J.P. Morgan Securities LLC, Attn: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 866-803-9204; or Wells Fargo Securities, LLC, Attn: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, e-mail: cmclientsupport@wellsfargo.com, telephone: 1-800-326-5897.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of any such state or jurisdiction.

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