Leawood, KS, February 28, 2008 – Euronet Worldwide Inc. ("Euronet" or the "Company") (NASDAQ: EEFT) announced today that it has decided not to submit a proposal to acquire MoneyGram International, Inc. ("MoneyGram") (NYSE: MGI). Euronet has ceased discussions with MoneyGram and its advisers regarding a potential acquisition of MoneyGram.

Michael J. Brown, Euronet's Chairman and Chief Executive Officer stated, "Although the acquisition has tremendous industrial logic, and may be quite beneficial to MoneyGram's shareholders, the current debt and equity markets will not enable us to acquire MoneyGram on terms that would give our Euronet shareholders the accretion and return on investment that we would require."

About Euronet Worldwide

Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, mobile operators and retailers which include comprehensive ATM and POS operation and management services; credit and debit card outsourcing services; card issuing and merchant acquiring services; software solutions; consumer money transfer and bill payment services; and electronic distribution of top-up services for prepaid mobile airtime and other prepaid products. Euronet operates and processes transactions from 40 countries.

Euronet's global payment network is extensive – including over 11,347 ATMs and approximately 50,000 EFT POS terminals which are under management in 20 countries; a growing portfolio of outsourced debit and credit card services and card software solutions; a prepaid processing network of 396,000 point-of-sale terminals across 193,000 retailer locations in 14 countries; and a consumer-to-consumer money transfer network of more than 71,000 locations serving approximately 100 countries. With corporate headquarters in Leawood, Kansas, USA, and 33 worldwide offices, Euronet serves clients in 130 countries. For more information, please visit the Company's web site at www.euronetworldwide.com.

FORWARD-LOOKING STATEMENTS

Statements contained in this news release that concern Euronet's or its management's intentions, expectations, or predictions of future performance, are forward-looking statements. Euronet's actual results may vary materially from those anticipated in such forward-looking statements as a result of a number of factors, including: technological developments affecting the market for the Company's products and services; foreign exchange fluctuations; and changes in laws and regulations affecting the Company's business. These risks and other risks are described in the Company's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings may be obtained by contacting the Company or the SEC. Euronet does not intend to update these forward-looking statements and undertakes no duty to any person to provide any such update under any circumstances.