This issue is a variant of The New Mutants (Marvel, 1983 series) #45 [Direct Edition].
No letters column this issue.
Special 25th-anniversary "frame" cover (as on all Marvel comics published this month).
The New Mutants appear here following New Mutants Annual #2. This story takes place during the days when X-Factor is believed to be a group of mutant hunters (X-Factor #1-#25).