Xpress Money Ties Up With Globe Telecom's GCASH REMIT

Over 6000 New Agent Locations Added to the Xpress Money Network Add More Value to Filipinos

ABU DHABI, UAE, March 17, 2011 - Xpress Money, the leading global instant money transfer brand,
has entered into a strategic alliance with G-Xchange Inc., a leading player
in mobile commerce services and a wholly-owned subsidiary of Globe Telecom,
to further extend its strong payout network in Philippines.

Top Officials at Xpress Money said, "GCASH REMIT and Xpress
Money are established brands in the remittance industry. This partnership
provides Xpress Money customers with a bigger network of payout locations in
Philippines. Xpress Money prides in its pan-global network of more than
70,000 agent locations across 95 countries. This association, which is in
line with Xpress Money's global mission to further enhance the value
proposition by associating with new partners, who bring in sustainable
benefits to its customers, would benefit the Filipino diaspora
significantly."

Senior officials at G-Xchange, Inc. said, "GCASH REMIT offers
Overseas Filipino Workers' (OFWs) beneficiaries more options when picking-up
Xpress Money remittances. Our network of 6,000 GCASH REMIT pay-out outlets
including gift shops, multi-purpose cooperatives, cell phone shops, airtime
loading stations etc., are found not only in city centers but even in rural
communities that are located closer to the beneficiaries. Moreover,
beneficiaries are assured that they will receive the full remittance amount,
without any hidden or service charges, plus excellent customer service
guaranteed by Globe Telecom."

Xpress Money has become the favourite brand of millions of
people across the world, connecting them with their loved ones, easily.
Customers, who value prompt service, reliability & convenient pay-outs,
insist on Xpress Money. Many prestigious banking and non-banking entities
form part of its agent network. Integration of the Xpress Money and GCASH
systems has been provided by 4POWER Infocom FZ LLC using their POWERremit
platform.

Xpress Money has carved a niche for itself, thanks to its
unique positioning as an 'affordable instant money transfer brand' giving
value-for-money service, transaction confirmation through SMS messaging to
the sender upon payment collection by the beneficiary, and strategic
positioning of pay-in and pay-out locations covering major residential and
commercial hubs, which provide easy accessibility to customers.

Both Xpress Money and GCASH REMIT, bring together strong values that are
aimed at enhancing customer experience. And provide expatriates with a
reliable channel to send money home effortlessly within minutes.

For more information log on to www.xpressmoney.com and
www.globe.com.ph/gcash

LAHCEN ATERTA, Manager - Media Relations, UAE Exchange Centre LLC,
Tel: +971-2-4945480

LAHCEN ATERTA, Manager - Media Relations, UAE Exchange Centre LLC, Tel: +971-2-4945480, aterta.lahcen at uaeexchange.com