This inside cover page also contains the credits for this issue.
- Roy Thomas; Dann Thomas
- John Buscema
- Ernie Chan
- Jack Morelli
- sword and sorcery
- Thulsa Doom (Villain; embodied in a talking skull); Thoth-Amon (Villain; embodied in a monkey); Hissarlion [Prince Phan-Ku] (Villain; Intro; Death); Kohatlus (Villain; Intro); Serpent-men (Villain); Conan; Captain Kuchum; Li-Zya (Kuchum's daughter); Laranga
- Conan sails with Khitans under Captain Kuchum. Thulsa Doom's skull has convinced Kuchum that he can lead them to vast treasure. They encounter Black Corsairs and a giant shark on the voyage, but eventually reach the island promised by Doom. The landing party is greeted by Phan-Ku, who claims to be the grandson of a ship-wrecked Khitan, but is actually a priest of Set serving Doom. He attempts to sacrifice Li-Zya, but Conan saves her and kills the priest. Revealed as serpent-men, the hosts overcome Conan and the Khitans through overwhelming numbers.
"The Skull on the Seas" (Part 3 of 4)