Recap of the events which led to the start of this issue.
6 letters of comment by Drew Edwards, Jackie Williams, Steve O'Rando, Daniel Anderson, Mark Maslauskas, Mark All, plus preview cover art of issue #24, ULTIMATE FANTASTIC FOUR ANNUAL #1. ULTIMATE SECRET #3.
House Advertisement for: FRIENDLY NEIGHBORHOOD SPIDER-MAN series.
Total of 9.5 one-page advertisements for: X-Men Legends II: Rise of Apocalypse (game, ActiVision), Super Hero Showdown (collectible action figures, Upper Deck), Ultimate Spider-Man (game, ActiVision), NKE6.com (shoes, Nike), Kellogg's Cereals (cereal, Kellogg), Jetix (tv, Disney Channel), Code Lyoko (tv, Cartoon Network, 1/2 page), Spider-Man Chopper Trike (toy, Teknek), Fantastic Four Costumes (Halloween costumes, Disguise), Goldfish (soup, Campbell).