This song was recorded during the Aids Aid concert at the Wembley Arena on 1st April 1987. George performed the song which was a hit for someone called Len Barry in 1965 (written by Madara/White/Borisoff) together with his old pal Deon Estus who used to be of course Wham!'s bass player. Deon was on his way to start a solo career on his own with the George co-penned Heaven Help Me, so it was a welcome opportunity for both of them to put Deon into the spotlight.
The concert was very famous too for a reunion of Wham! since George & Andy performed Everything She Wants together that night.

George also sang Love's In Need Of Love Today which would later become the b-side of Father Figure.
1-2-3 is only available on the video compilation Stand By Me.