This was a completely new track to me and doesn't feature on 45Cat yet. This is a german pressing with a cover which is surely copied from a still of Redford in "All The President's Men"
I was aware of d-i-l-y from my days at PolyGram when Phonogram were pushing them as the next cool electronic band (OMD/Soft Cell etc) - it never really happened for them
saleswise but they made interesting music and it has stood the test of time.
This is a Vertigo release from Germany - Cat no: 6080 010.