(The PHANTOM and CHRISTINE take their strange journey to the PHANTOM'S lair. Candles rise from the stage. We see CHRISTINE and the PHANTOM in a boat which moves slowly across the misty waters of the underground lake)

CHRISTINE

In sleep he sang to me,

in dreams he came

that voice which calls to me

and speaks my name

And do I dream again?

For now I find

the Phantom of the Opera is there -

inside my mind

PHANTOM

Sing once again with me

our strange duet

My power over you

grows stronger yet

And though you turn from me,

to glance behind,

the Phantom of the Opera is there -

inside your mind

CHRISTINE

Those who have seen your face

draw back in fear

I am the mask you wear . . .

PHANTOM

It's me they hear . . .

BOTH

Your/my spirit and your/my voice,

in one combined:

the Phantom of the Opera is there

inside your/my mind . . .

OFFSTAGE VOICES

He's there, the Phantom of the Opera ...

Beware the Phantom of the Opera ...

PHANTOM

In all your fantasies,

you always knew

that man and mystery

CHRISTINE

were both in you

BOTH

And in this labyrinth,

where night is blind,

the Phantom of the Opera is there/here

inside your/my mind

Sing, my Angel of Music!

CHRISTINE

He's there, the Phantom of the Opera ...

(She begins to vocalise strangely, her song becoming more and more extravagant.)