Ellen is concerned about Matt, and Mike assures her that Matt is safe for now. They discuss plans to get Matt out of Port Charles, and they decide to enlist the help of Scott Baldwin, whom Ellen trusts. Scotty agrees to fly Matt to Canada and see that he is given a safe haven. Chris overhears the discussion on the intercom and learns where Matt is presently hiding.

Bobby Mancusi, pretending to be a Federal Marshall, comes to the emergency room looking for Ellen. Chris offers to personally take him directly to Matt. When they arrive at the house where Matt and Grace are hiding, Chris offers to go in with Bobby. Grace opens the door and tells them that Matt has gone. They enter the room. Matt emerges from a closet with a gun aimed at Bobby. He orders Bobby to his knees and directs Grace to get Bobby's gun and search him for more weapons - Grace finds a knife strapped to Bobby's ankle.

Matt holds Bobby at gun point, and Bobby tells Matt that he killed the Federal Marshall, and that he was responsible for almost killing Ellen in the fire. Matt decides that the safest thing to do is to call the Port Charles Police. Bobby tells Matt that one of his henchmen has kidnapped Ellen and her mother and are holding them hostage in Ellen's apartment, where they went after Ellen was released from the hospital. Bobby says that he will release Ellen and Alice only if Matt gives himself up. Matt agrees to exchange his life for Ellen's, but only on his own terms. The exchange must take place in a neutral place. They both agree that Bobby will arrange for the exchange and let Matt know the time and the place. Matt allows Bobby to leave. Bobby calls back and says that the exchange will take place at Westside Warehouse on the wharf. Matt agrees, but after he hangs up, thinking to keep her from putting herself in harm's way, he tells Grace that the place for the exchange is the Consolidated Warehouse, and he sends Grace to inform Scott Baldwin.

Grace arrives at Ellen's house and finds Scott and Alice there; Bobby's henchman has taken Ellen away. Grace tells Scott about the meeting at Consolidated Warehouse, but Alice says that she distinctly heard the henchman talking on the phone about Westside Warehouse. Scott and Grace quickly figure out that Matt lied in order to protect them from getting into danger, and they leave for the Westside Warehouse.

In the meantime, Matt and Chris are left at the house where Matt is hiding. Matt tells Chris that he will have to help him with the exchange and warns Chris only to do what he tells him to. Matt states that his brother only thinks he knows him and only remembers him as the 16-year-old that Bobby shot. Matt feels that he has an advantage over Bobby because he knows how Bobby thinks, but Bobby, not knowing the man that Matt has become, doesn't have a clue as to how Matt thinks. Chris appears to be terrified over the turn of events and readily agrees to help Matt. Matt sends Chris out to the hardware store and Chris returns a while later with apparatus that Matt says he will use to make a pipe bomb. Chris is shocked into silence, and Matt proceeds to make the bomb.

When Matt and Chris arrive at the Westside Warehouse, Matt sends Chris in first. Bobby is already there. Chris demands that Bobby let him see Ellen to assure that she is unharmed. A terrified Ellen steps out into the light. Bobby's henchman is seen hiding in the warehouse loft with a gun; he tells Bobby through an earphone that he will just wait on Bobby's instruction to shoot. Just as Ellen steps outs, Matt comes into the warehouse from outside. Bobby and Matt face one another. Bobby taunts Matt by calling him "Ironsides," and he tells Matt that he can do nothing from the wheelchair that he's in. He calls Matt "Eric". Matt replies, "I am Matt." Bobby tells Matt to come closer and that the exchange will begin. Matt, not trusting Bobby, suspects that Bobby has brought backup help with him. He tells Bobby to call off his henchman. Bobby motions Matt to come closer. Matt tells him, "You didn't think I'd come here without a backup, did you?"

As Matt moves closer, he unbutton his jacket and reveals the pipe bomb strapped to his chest. He tells Bobby that he has enough explosives to blow the warehouse and everyone in it. He has a detonator in his hand and his thumb hovers over the button. Ellen pleads with Matt not to do this. Bobby dares Matt to make a move; Chris begs him to please not taunt Matt, because Matt is capable of carrying out his threat. The scene is tense as the two brothers face each other.

In the meantime Grace and Scott arrive at the warehouse. Scott climbs up to the loft and he sees the henchman crouching there with a gun. Grace makes her way into the room where the others are and heads for the electric main switch, intending to cut off the electricity. The henchman sees a movement out of the corner of his eye and warns Bobby, just as Scott knocks him out and disarms him. Bobby sees Grace, and he starts shooting. Grace and Ellen are both screaming, and Bobby is shouting, "Die, Die." Matt ducks behind a dumpster of mannequin parts, all the while shooting in Bobby's direction. Suddenly all is quiet - Bobby and Matt come out into the open and face each other. Bobby fires at Matt and misses. Matt slowly raises his gun and fires at Bobby; the bullet hits Bobby in the neck, almost severing his carotid artery.