While the gang vacations in Hawaii, Brandon runs into Tracy Gaylian and meets her new fiance. Donna gets a job working for a stylist and screws up a photo shoot in Honolulu, and Valerie is instantly smitten with a hot male model named Noah Hunter.
Kelly continues to not remember Brandon, but becomes smitten with Noah. Donna loses her boss's dog, but doesn't make much of an effort to find him. Steve and Brandon go into the newspaper business together.
Kelly's memory starts to return as she spends quality time with Brandon. Steve babysits Zack in order to free up Hilary Swank so she can go out on a date. Donna is troubled when she discovers abused employees working in a sweatshop and wants Brandon and Steve to publish a story about it in their newly launched rag, The Beverly Beat.
Steve is dismayed when he discovers that his father owns a building in which a sweatshop is being run. Kelly fails to identify her shooter in a police lineup, which distresses Brandon. When Noah threatens to return to Hawaii, Valerie urges him to stay in Los Angeles.
Brandon continues to have black and white flashbacks of Kelly's shooting, then finds peace when he learns that the shooter has been killed. Donna learns that Valerie has stolen all of her personal shopping clients and gives her a smack. Steve and Hilary Swank go on their first date.
When Valerie's two-timing is discovered by Noah and Cooper, she goes from having two boyfriends to having none. A desperate David forges his name on one of Donna's checks to pay the rent on the After Dark. Brandon and Kelly bump uglies everywhere they go.
Kelly and Brandon learn that Dylan's sister, Erica, is a teenage prostitute. Donna discovers that David forged one of her checks and orders him to move out of the beach house. Noah refuses to forgive Valerie for her two-timing and declares their relationship over.
Erica is picked up by the cops and returned to Kelly's/Brandon's custody. Brandon writes a story about Erica's hooking in The Beverly Beat, and is pressured by the ADA to reveal his source. Steve gets a DNA test to prove he's not Jodi's baby daddy.
Erica volunteers to be part of a sting operation, which leads to Riggs' arrest and resolves Brandon's legal woes. Valerie is enraged when she learns that Noah comes from a wealthy family. David accidentally sets a fire in his After Dark office.
Kelly gets icked out when Dr. Monahan gives her a bare shoulder massage. Brandon invites the flirty Emma Bennett to join the writing staff of The Beverly Beat. Steve and Hilary Swank struggle to find a private place to doink.
Brandon spends the day with Emma and lies about it to Kelly. Valerie and David pretend they're bumping uglies in order to make Donna and Noah jealous. Steve performs a terrible comedy routine at the After Dark.
David helps his gay teenage friend, Ben, reconcile with his anti-gay parents. Brandon gives in to temptation and sleeps with Emma. Hilary Swank is dismayed when Zack tells her he doesn't believe in Santa Claus.
Emma torments Brandon when it's clear he has no intention of leaving Kelly. Brandon and Steve hire David to cover the music scene for The Beverly Beat. Donna and Noah hit the sheets for the first time.
Kelly moves out of the Walsh house when she learns about Brandon's one night stand with Emma. Hilary Swank freaks out when she loses Zack at the mall. Valerie and Noah get arrested for illegal gambling.
Brandon seeks forgiveness from Kelly for his infidelity, but Kelly repeatedly tells him to get lost. Hilary Swank moves back to Montana to care for her sick father. Valerie serves fifty hours of community service at the poor people clinic where Kelly works.
Donna panders to a bratty kid by dressing up as a clown during a photo shoot. Brandon is dismayed when Kelly starts dating a med student who works at the clinic. Steve realizes that he may not have loved Hilary Swank after all.
Donna finds herself drawn to David when her grandmother falls ill and dies. Steve and Brandon are mistaken for a gay couple by two beautiful lesbians. Brandon befriends an ex-con and writes a story about him in The Beverly Beat.
Steve juggles several blind dates on Valentine's Day. Kelly breaks up with Jeff so she can resume her relationship with Brandon. Valerie is wigged out when she suspects Noah of slipping her a roofie and date raping her.
Noah is found legally responsible for roofie-ing Valerie - but later learns that his brother was the culprit. Donna pops pills at an alarming rate, then predictably overdoses. A Q5 rep tells David he's headed for musical stardom.
Kelly finds an abandoned baby on the doorstep of the clinic and tries to convince his teenage mother to take him back and raise him. When David learns that Frank Saunders paid a radio station to give his song lots of airplay, he walks away from the record deal. Valerie gets closure from her roofie-ing.
Kelly gets all judgey when two gay men are given guardianship of the abandoned baby. Valerie's mother, Michelle Phillips, hooks up with Kelly's felonious father. Steve runs cigarette ads in the Beat to generate some much needed revenue.
Bill Taylor proposes to Michelle Phillips, but then weasels out of the wedding. Brandon gets a job at The Los Angeles Chronicle, but turns it town when he learns it's a scab type job. Jill rethinks a hookup with Ted and, incredibly, becomes intrigued with Steve.
Donna gets miffed when she thinks that Noah is trying to pass off gifts of junk jewelry as valuable gems. Kelly gets involved in the life of a developmentally challenged young man and worsens his situation until Brandon steps in. Jill breaks up with Steve when she realizes they have nothing in common.
David gets mugged, then goes squirrelly about protecting himself and accidentally shoots Noah's friend, Gwen. Brandon proposes to Kelly when she tells him she doesn't trust that he'll remain faithful to her. Valerie opts to not donate bone marrow to a child molester.
Donna is crushed when Gwen sabotages her fashion show by spilling red wine on her designs. David dumps Valerie and deals with a bounced check from one of his jingle clients. Kelly and Brandon join forces to locate the long-lost wife of a Bosnian cab driver/doctor.