NEWS RELEASE

PropertyBridge Awards February Resident Sweepstakes Winners

Oakland, CA - March 26, 2008 - PropertyBridge, Inc., a MoneyGram company, and the leading provider of electronic payment services to the residential real estate management industry, today announced the first winners for its Sweepstakes Program.

Winners for the month of February are as follows:

Place	Name	Community	City/State
1st ($500)	Frank Hatch	Alpine Meadows	Sandy, UT
2nd ($250)	Andrew G. Ponce	Green Mount Lakes	O'Fallon, IL
3rd ($100)	Tammy Dewilder	Woodbridge	Kentwood, MI

The PropertyBridge Sweepstakes includes monthly cash prizes over the six month promotion period, leading up to a $20,000 grand prize awarded in August. Residents of participating properties are entered to win every time they pay rent with PropertyBridge during the promotion period ending July 31, 2008.

For more information on the program, please visit our Sweepstakes Overview page.

About PropertyBridge, Inc.

PropertyBridge, a MoneyGram Company, is the leading electronic payments processor for property managers and real estate owners in the multifamily housing industry. The PropertyBridge Payments Platform enables residents to pay rent and other lease-related transactions using multiple payment types, including credit and debit cards, Automated Clearing House (ACH), check scanning (Check 21) and cash payments at more than 30,000 MoneyGram agent locations. PropertyBridge’s rent payment solutions are fully integrated with the accounting systems and business processes of property management firms. Residents can pay rent online, by phone or in person and set up recurring payments. The company collaborates extensively with financial services leaders including Visa USA, MasterCard, Discover Financial Services, American Express, Wells Fargo Bank and First National Bank of Omaha. MoneyGram, Inc. acquired PropertyBridge in October 2007.

Contacts

Peter Mansfield
Vice President of Marketing
pmansfield@moneygram.com