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In one sultry snap, the presenter, 42, lay on silk bed sheets while wearing latex trousers and a black bra.
The mother-of-three donned red lipstick and winged eyeliner while her platinum blonde hair was styled in tousled waves.
Elsewhere in the unearthed shoot, Holly changed into a glamorous black dress. The off-the-shoulder number clung to her enviable curves and showed off her famous assets.
Speaking in 2016, Holly said it had been a “real honour” to appear in the lads’ mag’s final issue.
She told the magazine: “It’s the end of an era…We’ve both grown up together – I’ve had three children and you’ve had 314 issues but now, with a heavy heart, it’s time to bid you a fond farewell.”
The Brighton-born beauty also discussed her glamorous cover on an episode of This Morning, admitting she was “so nervous about doing it”.
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She told viewers: “I loved it when I was there, but when they asked me to do it, I was like, ‘Really? I think my days might’ve gone, [I’m a] mum of three now’, but that kind of was part of the reason I did it as well.”
Her former co-host Phillip Schofield also praised her for the cover, saying: “It’s a great pic. What an honour as well to be on the last one,” to which Holly replied: “I know, really lovely.”
Phillip, 61, recently announced he has left This Morning “with immediate effect” after 21 years.
His exit came after reports of growing tension between himself and Holly.
He said in a statement shared to Instagram: “I have always been proud to cover fascinating stories on This Morning. But recently, This Morning itself has become the story… I understand that ITV has decided the current situation can’t go on, and I want to do what I can to protect the show that I love.”
An ITV spokesperson also told Express.co.uk: “Phillip Schofield’s decision to step down from This Morning was (as his statement made clear) a decision agreed between Phillip and ITV.”
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