This is one of the few LPs I actually played (on the 1960 model Webcor [4 speeds] portable record player).
I was also timing the tracks. If I recall correctly, this LP has the four-minute version of "Beach Baby"!
Here in the US, never saw a copy of this with "First Round Knockout" by New Censation. The copies I have deleted this tune and substituted "Get Dancin'" by Disco Tex and the Sex-O-Lettes.
I found that strange, since their catalog had the version with the New Censation track.
Hate to say it but "duh!" Of course they're going to be different! The different K-Tel franchises around the world may use the same title, but the catalogue number and artwork, not to mention the contents are bound to be different in each market. Songs that are big hits in one market aren't going to mean much in another, so each franchise will insert tracks that are huge in their own country's market instead.
Label has "(US)" after the title, confirming what we've been finding, that K-Tel releases, with the same title and the same catalog number, may not be the same for other country releases