Carboxypeptidase N (kininase I, arginine carboxypeptidase; EC 3.4.17.3) cleaves COOH-terminal basic amino acids of kinins, anaphylatoxins, and other peptides. The tetrameric enzyme of Mr 280,000 was purified from.human plasma by ion-exchange and arginine-Sepharose affinity chromatography. Treatment with 3 M guanidine dissociated the enzyme into subunits of 83,000 and 48,000 molecular weight, which were separated and purified by gel filtration or affinity chromatography. When tested with hippurylarginine, hippurylargininic acid, benzoylalanyllysine, or bradyldkini the Mr 48,000 subunit was as active as the intact enzyme-and was easily distinguished from human pancreatic carboxypeptidase B (EC 3.4.17.2). However, the Mr 48,000 subunit was less stable at acid pH or at 370C than the intact enzyme was. The carbohydrate-containing Mr 83;000 subunit was enzymatically inactive but stabilized the Mr 48,000 subunit at 37°C. Trypsin, plasmin, and plasma or urinary kallikrein cleaved carboxypeptidase N into lower molecular weight active fragments, which were unstable at 37°C. Cleavage of the Mr 48,000 subunit with the same enzymes increased activity and yielded fragments OfMr 29,000 or less. Antibodies to the Mr 83,000 or Mr 48,000 subunits crossreacted with the intact enzyme, and antibody to carboxypeptidase N also recognized both subunits. However, antibody' to the Mr 83,000 subunit did' not recognize the Mr 48,000 subunit and antibody to the Mr 48,000 subunit did not crossreact with the Mr 83,000 subunit. Thus, this study indicates that carboxypeptidase N is composed of two immunologically distinct subunits, a Mr 48,000 subunit that is responsible for the. enzymatic activity and a-Mr 83,000 subunit that may stabilize the enzyme in blood.Carboxypeptidase N or arginine carboxypeptidase (EC 3.4.17.3) is an important inactivator ofpotent peptides such as kinins (1), anaphylatoxins (2, 3), and fibrinopeptides (1). It also cleaves COOH-terminal basic amino acids of a variety of other peptide substrates (1, 4). The enzyme exists in plasma as a Mr 280,000 tetrameric complex, even when plasma is stored for several months (5, 6). Purification of the enzyme from plasma on ionexchange and affinity columns leads to an unstable preparation (5-7); this can be stabilized with protease inhibitors (7). Thus, dilution of naturally occurring inhibitors or simultaneous adsorption ofthe enzyme and contaminating proteases (e.g., plasmin) during purification leads to the appearance of lower molecular weight derivatives (5-8).The aims of the. present study were (i) to dissociate purified carboxypeptidase N and isolate its subunits; (ii) to determine the enzymatic activity, stability, and function of the isolated subunits; (iii) to determine the effect of various proteolytic enzymes on.the activity and stability ofboth the intact enzyme and its. subunits. (13). Enzyme Activity. The activity of carboxypeptidase N was measured in a spectrophotometer with the ester, hippurylargininic acid, or the peptide, Bz-Ala-Lys, substrate at 254 nm ...