Adam and Dex vow to prove Alexis' innocence and begin a determined campaign. The woman who testified she had seen Alexis on the terrace with Mark had hosted a party that evening and snapped photographs. The negatives reveal it was Neal McVane who had framed Alexis for Mark's murder. Alexis is freed. Denver-Carrington is back in business. Alexis vows revenge on Dominique when she learns of her new partnership with Blake. Brady is stunned to learn of Dominique's true relationship with Blake. Upon returning home, Alexis receives a visit from a beautiful young woman named Amanda. She is Alexis' daughter.

Krystle reconciles with Daniel, who reveals that his break-up with her sister was amicable. Dominique, bitter over Blake's continued refusal to acknowledge her as a Carrington, considers a number of alternative courses, including a generous offer from Alexis for her share of Denver-Carrington. Claudia moves into La Mirage. Krystle confides to Steven that Daniel is Sammy Jo's father and therefore little Danny's grandfather. Jeff and Nicole find the missing piece of a map that DeVilbis and Fallon had shared in the hope of finding buried treasure. Blake's father suffers a heart attack.

Alexis learns that Galen is alive and can be rescued if $10 million is smuggled into the Moldavian underground. Tired of competing with the king's ghost, Dex promises to help Alexis complete the mission. Joel and Sammy Jo plan to chloroform Krystle at the Charity Ball and have Rita take her place. Sammy Jo has Krystle's dressmaker duplicate the gown she'll wear that evening. Jeff, now Jason Colby's partner, plans to move to California, where he believes he'll find Fallon. Michael continues to shut Amanda out of his life. In San Francisco, Adam and Claudia are married. Krystle walks in on Rita as she's practicing her imitation. Joel knocks Krystle unconscious and announces that Rita is now the new Mrs. Blake Carrington.

Searching his memory for details of the moment he spotted Fallon, Jeff recalls a California license plate and realizes she was with Miles. In Moldavia, Dex overpowers his captors and rescues Galen. Disguised as a priest and a nun, Dex and Alexis transport the king out of the country amid a hail of gunfire. Little Blake overhears Rita speaking with Sammy Jo and realizes she is not his aunt Krystle, who remains bound and gagged in the attic at Delta Rho Farms. Dominique orders Garrett from her suite and then places a mysterious call to a girl's finishing school in Switzerland. As an elated Jeff heads for California to find Fallon, she and Miles make love in a roadside motel.

When Blake decides to buy Krystle a horse as a surprise gift, Sammy Jo panics at the thought of Blake going to Delta Rho. Claudia confronts Blake over Walter Lankershim's oil well, believing it was taken from her illegally. When Blake tells her he received the well through legitimate means, she schemes with Adam to get it back. Michael and Amanda appear to grow closer as Alexis and Dex argue whether King Galen will move into their home to recuperate. Galen promises to make Alexis a powerful woman in order to use her money to regain the throne.

After falling down the stairs, Blake is rushed to the hospital. Adam realizes that he has been written out of his father's will and desperately tries to convince a delirious and barely conscious Blake to sign a new document. Blake is able to flash back to the fatal moment of his illness and realizes that Rita is not Krystle. Galen continues his deceptive charade as he requests two million dollars from an unsuspecting Alexis and Dex is incensed. Elena's father is betrayed by Yuri and thrown into a Moldavian prison. Amanda catches Elena and Michael in a consoling embrace and explodes with jealousy. Rita panics when Blake demands to know who she really is. She flees to Joel, but finds Krystle instead. A vicious struggle ensues and unexpectedly, Sammy Jo appears and helps Krystle overpower Rita. Krystle and Sammy Jo race to escape but are abruptly cut off by Joel.

Determined to find the identity of the mystery woman Ben was in bed with the night of his mother's death, Caress begins to solve the mystery. When she witnesses a secret rendezvous between Emily and Ben, her suspicions are proven. In a desperate attempt to raise the money for the leveraged buy-out of Colby Co, Blake temporarily relinquishes control of Krystle Holdings to Bob Ashrnore in exchange for a 100 million dollar loan. The demise of Blake's empire continues when Bob Ashrnore places a congratulatory call to Ben, celebrating their successful coup over the unsuspecting Blake. As Ben's plot to ruin his brother unfolds, Alexis prepares to present the Chinese government with falsified records showing Blake to be cheating them of royalties from the China Sea leases. Claudia threatens to reveal Adam's power of attorney over Denver-Carrington unless the title to the oil well stolen from her is returned.

Blake and Jeff are stunned when Dex finds the hidden vault beneath the lake completely empty. Returning from the lake, Jeff finds Sammy Jo waiting for him in his bed. Blake asks Sable to try and find out any information Alexis may know about the vanished treasure. Having a passkey to Alexis' suite, Sable waits for the right time to sneak in and take the painting Roger Grime's stole from the hidden Nazi treasure. Alexis tells Captain Handler about her eyewitness to Roger Grimes' murder. Even with the witness, Handler is reluctant to reopen the case. Zorelli subtly gets valuable information out of Fallon, leading him to the uncle of Blake's half-sister Dominique Devereaux. Meeting Dominique's uncle, Charles Matthews, Zorelli puts a bug in his house and learns Matthews knows more about Grime's murder than he is letting on. Jeff warns Blake that he doesn't think Sable can be trusted. Federal Marshals burst into Alexis' suite to seize Colbyco records, as Sable unleashes her lawsuit to bring