| 1. Formentera Lady | not rated | 10:17 |
| 2. Sailor's Tale | not rated | 7:34 |
| 3. The Letters | not rated | 4:29 |
| 4. Ladies Of The Road | not rated | 5:34 |
| 5. Prelude - Song Of The Gulls | not rated | 4:16 |
| 6. Islands | not rated | 12:02 |
| 7. Formentera Lady (take 2, 2010 mix by Steven Wilson) | not rated | 2:23 |
| 8. Sailor's Tale (alternative guitar takes, remix by Alex R. Mundy) | not rated | 6:20 |
| 9. Ladies Of The Road (rehearsal/outtake, 2010 mix by Steven Wilson) | not rated | 5:17 |
| 10. Prelude - Song Of The Gulls (string section, take 2) | not rated | 4:45 |
| 11. Islands (original studio recording, vocal overdub: Jakko Jakszyk) | not rated | 9:17 |
| 1:12:18 |
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