Having met his maker in an explosion in his car, retired villain Ed Brown shows a posthumous film to several rival gangsters which is also viewed by Brown's daughter Penny, previously innocent of her father's criminality, and the inevitable Saint. The film claims that Ed has deposited a million pounds in a Swiss bank and that whoever can match it can claim the money. A security van is to travel from the coast to London with a million pounds worth of gold bullion on board, making it the ideal target for the 'prize'. The Saint picks up the gauntlet but some of the other villains take Penny hostage and before long the thieves do indeed fall out with one of the gangsters being erased but another seemingly claiming the victory. Both Penny and the loot need the Saint to come to their rescue.
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