Title page. Includes a detail from the back cover of Thunderbolts '97.
Credits of the book. Includes a detail from the variant cover of Thunderbolts #2.
The background color on the cover of the first printing is green; the background color on the cover of the second printing is pink.
The Thunderbolts first appeared in The Incredible Hulk (Marvel, 1968 series) #449 (January 1997).
As revealed in this story, the Thunderbolts are the Masters of Evil: Baron Helmut Zemo disguised as Citizen V; Moonstone as Meteorite; Goliath as Atlas; Beetle as MACH-1; Fixer as Techno; Screaming Mimi as Songbird.
Promotional image from Marvel Visión #13.
First appearance of the Thunderbolts.
Page 8 of the story from Hulk #450.
Wrap-around cover
Hallie Takahama adopts a costumed identity (Jolt) and joins the Thunderbolts in this story.
Wraparound cover; this is the first Thunderbolts annual. Background is made up of cover images from Avengers (1963 series) #22; 79; 270; 274; 277; Daredevil (1964 series) #140; Incredible Hulk (1968 series) #228 [partially obscured]; Spectacular Spider-Man (1976 series) #16; 49; Captain America (1968 series) #277; 278; Micronauts (1979 series) #25
Most of this issue is a flashback to the origin of the Thunderbolts.
This story reveals that Zemo's wife died prior to the formation of the Thunderbolts.
This story takes place during Onslaught: Marvel.
Text article detailing the background of the individual members of the Thunderbolts.
Cover and back cover of Thunderbolts: Marvel's Most Wanted TPB (Marvel, 1998 series).