ENGLEWOOD, Colo., Feb 24, 2009 (BUSINESS WIRE) -- The Western Union Company (NYSE: WU), a global leader in money transfer services, today announced it has completed the acquisition of the money transfer business of European-based FEXCO, one of the company's largest Agents.

As previously announced, Western Union will now manage and support more than 10,000 consumer-facing locations in seven European countries: the United Kingdom, Spain, Ireland, Sweden, Norway, Denmark and Finland. The acquisition of the business in Norway awaits regulatory approval.

As a result of this transaction, approximately 300 FEXCO employees will join Western Union.

About Western Union

The Western Union Company (NYSE: WU) is a leader in 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 more than 375,000 Agent locations in over 200 countries and territories. Famous for its pioneering telegraph services, the original Western Union dates back to 1851. For more information, visit www.westernunion.com.

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SOURCE: The Western Union Company

The Western Union Company
Media Contact:
Daniel Diaz, +1-720-332-5564
daniel.diaz@WesternUnion.com
or
Investors Contact:
Gary Kohn, +1-720-332-8276
gary.kohn@WesternUnion.com