The song was covered by Grace Jones and released as a single from her album Nightclubbing.

The song was originally composed and recorded by Australian band Flash and the Pan (the songwriting and producing team of ex-Easybeats Harry Vanda and George Young).

In 1981 it was covered by Grace Jones, who included it on Nightclubbing, her second Compass Point album and later released as the last single from the record.

The B-side, "Peanut Butter", credited to the Compass Point All Stars, was actually an instrumental dub version of "Pull Up to the Bumper", which was unavailable on CD until 2014 when her album Nightclubbing was remastered.

"Walking in the Rain" was included in Jones' music documentary A One Man Show, and a snapshot from the video was later used as the cover of the 1985 Warm Leatherette reissue.