With an editorial commenting on the impending 40th anniversary of the Ailsa Era and the management's decision to repaint No. 10 G.H. Wood into spring green to mark the event, and the lack of transport director; other articles included:-

• No. 2 Derby A Retrospective
• Annual General Meeting Report
• Manx Line Book Review
• Early History Of Groudle Locomotives
• Baguley 3232 By Richard Booth
• Editor's Letters & Responses

This issue also featured a number of historical and contemporary photographic images.  Topped off by news from both the I.M.R. and a roundup of news from our own railway in Groudle Glen coming in at 36 pages in total.

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