Contents:
| Editorial | 2 |
| FEPA inform: Minutes of the FEPA Board meeting, Lisbon, 29th January 2005; FIP elections; Introduction to the regulations for the FEPA honours, medals and awards | 7 |
| News from Austria, Czech Republic, Finland, Germany, Greece, Ireland, Israel, Italy, Portugal, Romania, Spain, Sweden and United Kingdom | 15 |
| Literature corner: Spain, Portugal, Finland, Minutes of the FIP Literature Commission meeting in Singapore Sept 1 2004 | 35 |
| Youth corner: Austria, European Meeting of Young Philatelists; Russia, Spain: Juvenia 2005 | 41 |
| Exhibitions | 55 |
| A major accomplishment of the Romanian post: the national philatelic museum | 58 |
| In remembrance of the holocaust : A special presentation of Czech postal sheet | 59 |
| Let it grow, because she announces the future! - open class | 60 |