- Robert Bernstein
- Curt Swan
- George Klein
- Joe Letterese
- Superman; Clark Kent; Lois Lane; Lana Lang; Perry White; Jimmy Olsen; Lori Lemaris; Metallo [John Corben] (flashback)
- Superman, using Red K, splits himself and Clark Kent. Superman becomes a tyrant, and Clark a rebel assassin. But is everything as it seems?
- Atlantis; Fortress of Solitude; Green Kryptonite; Kandor; Red Kryptonite; Superman Robots; United Nations
Character appearances and synopsis from Jason Aydelotte on 11 August 2004.
Story is continued from the previous issue.
Writer credit confirmed in letter column in Action Comics #316.
- Mort Weisinger
- Curt Swan (logo illustration)
- Stan Kaye (logo illustration)
- ? (logo illustration)
letters submitted by Felice Michetti; Richard Allan Pachter; John C. Sherwood; Darrell J. Turner; Kenney Eder; Bradley Milcsik; Lane Peifer