From the contents page:
Challenge, the magazine of science-fiction gaming, is published monthly.
About the Cover: "The Great Anubis Rises Once Again." This, the cover for The Anubis Murders by Gary Gygax, is used with permission from Penguin ROC, USA. Larry Elmore's painting tops off this issue's coverage of Gary Gygax's and GDW's new Dangerous Journeys multi genre roleplaying system.
From page 4:
Challenge expresses its sympathy to the family and friends of Charles G. Weekes, who died Jan. 27 at Jamaica Hospital in Queens, NY.
Weekes had been a contributor to Challenge for some time. One of his articles, "Dooley's Doughnuts" for Star Trek, is presented in this issue.
From page 82:
Notice to Authors
Challenge will no longer provide coverage for any products produced by or licensed to Palladium Books, at the request of Palladium Books.