Western Union Secures Top Agents for Philippines Market



    New Long-Term Agreements Signal Western Union's Strength in World's
Fourth Largest Remittance-Receiving Market

    ENGLEWOOD, COLO., September 24 /CNW/ - The Western Union Company (NYSE:  
WU), a global leader in money transfer services, has signed new, multi-year
agreements with three of its top agents in the Philippines to offer Western
Union(R) money transfer services. The three companies - Universal Storefront
Services Corporation, e-Business Services Inc and PETNET Inc - together
represent nearly 4,800 Western Union Agent locations in the country(1).

    In addition, the company has increased its existing footprint with the
addition of three new agents in the Philippines: Direct Agent 5 Inc., a
consortium of consumer service enterprises; JP Tambunting pawnshops and
Davao-based retail chain EMCOR Incorporated.

    "The Philippines is a very important market for Western Union," said Mr.
Ian Marsh, Executive Vice President, Asia Pacific, The Western Union Company.
"Outside of the United States, it is second only to Mexico for inbound
remittances and has tremendous growth potential as both a key receive and
intra-country market."

    The Philippines is the fourth largest receiver of remittances in the
world, according to the World Bank(2). The Bangko Sentral ng Pilipinas
(Philippines Central Bank) estimates that remittances from overseas will
exceed $14 billion this year. There are currently over eight million Filipino
workers overseas(3).

    "Together, e-Business, PETNET and USSC, have 38 years of experience
offering Western Union money transfer services. Their continued commitment to
consumers, will be complimented by the addition of our newest Agent locations,
creating even greater levels of convenience and choice for consumers, allowing
Western Union to continue delivering on its promise of service quality," Marsh
added.

    About Western Union

    Western Union (NYSE:   WU), together with its affiliates Orlandi Valuta and
Vigo, is a leading provider of global money-transfer services, providing
people with fast, reliable and convenient ways to send money around the world,
pay bills and purchase money orders through a network of more than 312,000
Agent locations in over 200 countries and territories. For more information,
visit www.westernunion.com.

    About E-Business Services Inc

    eBusiness Services Inc.,(eBiz) a fully owned subsidiary of iVantage
Corp., a publicly listed company, was Western Union's first network agent in
Asia Pacific. With Western Union money remittance as its core business, eBiz
completes its offering of financial services to its local communities with
other services like mutual funds, money exchange services, Visa cash cards,
Bayad Center payment system and cell phone loading stations. eBiz has a
nationwide network of company-owned locations and sub-agents locations in
almost every town and city of the country.

    About Petnet Inc

    PETNET was established in 1998 with a mandate to expand the Western Union
network in the Philippines. Today, it has the largest network in the country
in cooperation with 400 business partners including rural banks, pawn shops,
business centers, money changers, co-ops, and supermarkets. PETNET has been
recognized as the fastest growing Western Union agent for the Asia Pacific
Oceania region for the last 2 years. It has also been cited for public
service, being a key player in providing free heart surgery for indigent
minors.

    About Universal Storefront Services Corporation

    USSC-owned stores branded as "RCPI" are strategically located nationwide
to form an efficient distribution network that helps to meet the growing needs
of the country's urban and rural communities. USSC's RCPI stores service
customers of Western Union Money Transfer, Airline and SuperFerry Tickets,
Prepaid Cellphone Load, Bayad Center, Domestic & International Fax, and Long
Distance. The company has been an agent for Western Union Money Transfer for
12 years, winning the Western Union Asia Pacific Agent of the Year award in
2001 and 2003. It has also been the recipient of numerous sales awards from
its airline and sea line principals.

    (1) Network data as of September 1, 2007

    (2) Source: World Bank Migration and Remittance Factbook June 2007

    (3) Source: Data from December 2004 Estimates prepared by the Commission
on Filipinos Overseas from CFO, DFA, POEA and other sources covering 194
countries/territories.

    WU-G




For further information:

For further information: The Western Union Company Angela Heng, +852
3405 8187 / +852 6050 6277 angela.heng@intl.westernunion.com

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