The Stone: Issue Two is a 2007 live album of improvised experimental music by Fred Frith and Chris Cutler. It was recorded at The Stone in New York City on December 15, 2006 and was one of four CDs released between 2006 and 2010 by Tzadik Records to raise funds for The Stone. It was Frith and Cutler's fourth collaborative album.

All titles released by Tzadik Records.

Frith and Cutler were members of the English avant-rock group Henry Cow (1968–1978), and their collaboration at The Stone on December 15, 2006 took place during the so-called "Henry Cow reunion" weekend when they reunited with fellow bandmate Tim Hodgkinson.

In a review of The Stone: Issue Two at AllMusic, Michael G. Nastos described Cutler's performance as "intriguing" "electronic colorations", and Frith's as "challenging, commanding, and demonstrative". He said this is a recording that careful listening to will demonstrate "the sense of passion, wonder, and depth these two have displayed in their music since their days with Henry Cow, but digging deeper than ever".

Marc Medwin wrote in a review in All About Jazz that compared to Frith and Cutler's earlier collaborations, this set is "rich and full" and makes it sound like there are more than just two of them. Medwin added that this album is a worthy addition to The Stone's benefit series.

Sources: Liner notes,Discogs, Fred Frith discography.

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