A British spy ship has sunk and on board was a hi-tech encryption device. James Bond is sent to find the device that holds British launching instructions before the enemy Soviets get to it first.

Introduced by Seka the Platinum Princess, EB007 is a "Bond Girl Spectacular." Featured among the usual crop of centerfold models are five Bond girls, including Ursula Andress and Lalla Dean, who made quite a splash as "uncredited girl in pool" in For Your Eyes Only (1981), in the buff. In addition, there's nudity from singer / actress Hazel O'Connor plus appearances from Peter Cook and Dudley Moore.