Lucerne, Switzerland: C. J. Bucher Ltd., 1975. First edition. Softcover. 56 pages. January 1975. The focus of this issue was "Composit." Includes images by: Thomas Joshua Cooper, Patrice Grimbert, Dick Busher, Frank Salmoiraghi, Tim Gidal, and Ingeborg Gerdes. The interview is with Paul Strand. Also features an index for the previous year. A close to near fine copy in wrappers with some very minor wear.