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MoneyGram Provides Support for Nepal Earthquake Relief

April 28, 2015 | Press Release

Assisting Those in Need After Tragic Natural Disaster

DALLAS--(April, 28, 2015) (GLOBE NEWSWIRE) --  MoneyGram (NASDAQ:MGI), a global provider of money transfer services, is announcing a series of initiatives to help the Nepali people who were impacted by the devastation caused by the April 25 earthquake with a magnitude of 7.8; there are more than six million people living within 60 miles of the epicenter.

MoneyGram    is making a   $25,000   donation to AmeriCares to support immediate relief efforts. In addition, from now until   M2015,   MoneyGram    is waiving the transaction fee for customers in   the United States   who want to make a financial gift onlinAmerican Red Cross International Services, which will provide immediate relief and long-term support through supplies, technical assistance and other support to those in need. Customers can also make a donation at a   MoneyGram    location usi the MoneyGram ExpressPayment® service. Lastly, through May 31, 2015, TransferTo and MoneyGram are partnering to offer free mobile top-ups for friends and family in Nepal who were affected by the earthquake. Recharges can be made on the TransferTo website at moneygram.transferto.com/redeem/helpnepal.

"MoneyGram's commitment to the communities we serve goes far beyond our day-to-day services," said   Pamela H. Patsley, chairman and chief executive officer at   MoneyGram. "Tragedies of this size and scale require timely assistance. Not only is every dollar necessary, but every minute is vital to the entire region. We want to make it as easy as possible to help our Nepalese friends impacted by the earthquake."

Donations to the Red Cross can be made at www.MoneyGram.com or any of the 38,000 MoneyGram ExpressPaymen®t agent locations in the U.S. All donations should be submitted to "Red Cross Nepal" under receive code 2540 to waive the transaction fee. Any dollar amount will be accepted up to a maximum of $249.99 per transaction.

Currently, AmeriCares emergency response team is in Kathmandu delivering medicines and relief supplies to provide immediate relief to those with injuries and other healthcare needs. The Red Cross has deployed field assessment teams to the area, including eight American Red Cross disaster specialists, and is providing approximately 19,000 non-food relief kits in Nepal, which include clothing, kitchen sets, tarpaulins, mosquito nets and personal hygiene items. Operations are expected to be based in Kathmandu in order to provide necessary and needed assistance throughout the region.

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