Ultraviolet excitation of high surface area MgO films using 4.7 eV femtosecond pulses results in neutral Mg-atom desorption with hyperthermal kinetic energies in the range 0.1-0.4 eV. The Mg-atom hyperthermal energies and power dependences are similar to those previously observed using nanosecond pulsed excitation. Femtosecond two-pulse correlation measurements reveal the existence of different dynamical paths for Mg-atom desorption. One mechanism displays a sub-150 fs time scale and involves the simultaneous or near-simultaenous transition of two electrons to a 3-coordinated Mg2+ site. Other paths display picosecond time scales that we associate with dynamics following electron trapping at 3-coordinated Mg2+ surface sites.