Owen, Oliver and Oscar congratulate themselves on obtaining Mrs. Primrose's check for $200,000 ("Five Zeros"). Lily's maid, Agnes, brings Oscar a message: Lily wants to see him immediately. Dr. Johnson detains him, however, declaring, "I Have Written a Play", titled "Life in a Metropolitan Hospital". Oscar ignores her and enters Drawing Room 'B'. Lily tells Oscar that she has decided to give him money to help him with his financial situation. Oscar proudly reveals Mrs. Primrose's check and describes the Mary Magdalene play to Lily. Lily is transfixed and begins acting the part, ending with Oscar's arms around her waist. She jolts back to reality and insists on meeting Mrs. Primrose. Owen and Oliver escort Lily to Drawing Room "A", where they, Mrs. Primrose, and Oscar all attempt to persuade Lily to sign the contract. Bruce enters and tries to convince her not to sign it ("Sextet"). Lily resolves not to live in the past and refuses to sign, deciding to continue in movies with Bruce. Oscar suggests a compromise; if Lily does the play, Mrs. Primrose can pay for the movie too. Lily finds this very exciting and informally agrees. She insists on a few minutes alone before signing the contract.