Western Union Reaches 300,000th Agent Location Milestone



    ENGLEWOOD, COLO., March 1 /CNW/ - The Western Union Company (NYSE:   WU), a
worldwide leader in money transfer services, today announced that it has
reached an important milestone in the growth of its global Agent network. With
its latest opening in Chandigarh, India, Western Union and its affiliates,
Orlandi Valuta and Vigo, now offer services through 300,000 locations around
the globe.

    Western Union continues to expand its global Agent network in response to
consumer demand, fueled by long-term global migration trends, which create
increasing cross-border remittances. In 2006, the World Bank reported that the
global cross-border remittance market was estimated to be $269 billion.

    "The past year has been one of the most exciting in Western Union's long
history," said Christina Gold, President and CEO, The Western Union Company.
"The newly independent Western Union is shaping its own future by continuing
to deliver quality and value to our consumers and Agents around the globe. The
announcement of our 300,000th Agent location is just one example of our
commitment to customer satisfaction and the enhancement of the Western Union
Agent network."

    "Western Union continues to create rich opportunities by strengthening
its brand, expanding and deepening relationships with consumers by
re-investing in growing the business and strategically adding new agent
locations to the Western Union network," said Hikmet Ersek, Executive Vice
President and Managing Director Western Union, Europe, Middle East, Africa and
South Asia. "According to the World Bank, India is the largest receiver of
remittances with $23.4 billion received in 2006 alone, making it very
appropriate that our 300,000th Agent location should be opening in India."

    Western Union has more than 36,000 agent locations in India across more
than 4,000 cities, towns and villages. This includes over 8,500 post offices,
over 14,000 branches of leading banks and over 14,000 locations of leading
public- and private-sector companies. Our newest agent location is run by Paul
Merchants Limited, a principal agent for Western Union in India since 1998.

    About The Western Union Company

    The Western Union Company (NYSE:   WU) is a leading provider of global
money transfer services. Together with its affiliates, Orlandi Valuta and
Vigo, Western Union provides consumers with fast, reliable and convenient ways
to send and receive money around the world, as well as send payments and
purchase money orders. It operates through a network of approximately 300,000
Agent locations in over 200 countries and territories. For more information,
visit www.westernunion.com.

    About Paul Merchants

    Paul Merchants Limited (PML) is the flagship Company of the renowned
"PAUL MERCHANTS" Group based at Chandigarh, a conglomerate having prominent
interest in fields like Forex, International Money Transfer, Finance,
Immigration, Tours & Travels and Holidays Packages and Air Ticketing. The
Group also has a presence in the Entertainment Industry, Distribution of
Petroleum Products and Distribution of Telecommunication Services. Paul
Merchants Limited is listed on Delhi Stock Exchange.

    PML commenced Money Exchange business in 1995 and at the moment is one of
the leading players in Money Exchange arena & is rated amongst top ten sellers
of American Express (AMEX) Travelers Cheques in India. The company is already
well established in the money exchange business and is in all the major cities
across the length and breadth of the country. Paul Merchants Limited had
already been operating as a Western Union Agent, but this new long-term
agreement broadens the corporation.

    WU-G




For further information:

For further information: The Western Union Company Sherry Johnson,
+1-720-332-4750 Director, Media Relations sherry.l.johnson@westernunion.com or
PR EMEASA Cindy Nageli-du Pont, +43-0-1-501-34-645 Director Corporate
Communications cindy.dupont@intl.westernunion.com

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