Starring Aga Muhlach, Maricel Soriano, and Angelica Panganiban, the film revolves around a successful but emotionally scarred businessman Ian Montes, who is torn between two women: Joanna, a doctor and Karyn, a flight attendant.

Despite being the son of a shipping tycoon, Ian refused to just coast on his father's empire; he built his own real estate company and earned his first million at a very young age.

Healing from heartbreak caused by an errant ex-husband, Joanna found love again when she rescued Ian from a water-skiing accident in La Union.

A Love Story was ranked number one in 3 weeks, beating the Hollywood movie Bourne Ultimatum starring Matt Damon which also premiered August 15, 2007.

Jayson B. Brizuela, writing for Philippine Daily Inquirer, gave a positive review and praised the acting performances of the lead cast, the screenplay, and Delos Reyes' direction.