The story:
Returning home to the tree house one evening, the Phantom finds Rex and the twins anxiously following a news report on TV about a siege at the Ivory-Lana embassy in Mawitaan. Amongst the guests being held hostage are Presidents Luaga and Goranda and Bangalla's entire diplomatic corps, including U.N. office chief Diana Palmer.

A concerned Phantom rushes to the scene of the crime, but, unable to get clearance as ???Mr. Walker?? from the otherwise engaged Luaga, must risk everything in a frantic bid to save the hostages as he draws fire from both friend and foe...