Processing of LDL and HDL differed notably after initial binding via EL to the cell surface. More than 90% of the surface-bound125 I-LDL was destined for internalization and degradation, whereas about 70% of the surfacebound 125 I-HDL 3 was released back into the medium. These differences were significantly attenuated after HDL clustering was promoted using antibody against apolipoprotein A-I. At equal protein concentration of added lipoproteins the ratio of HDL 3 to VLDL bridging via EL was 0.092 compared with 0.174 via HL and 0.002 via LpL. In summary, EL mediates binding and uptake of plasma lipoproteins via a process that is independent of its enzymatic activity, requires cellular heparan sulfate proteoglycans, and is regulated by ligand clustering.