We identified human phosphatidylethanolamine-binding protein 4 (hPEBP4) as a human-derived novel member of the phosphatidylethanolamine-binding protein family, which is involved in apoptosis resistance of tumor cells. Because of its preferential expression in estrogen-related cancers, we wondered whether hPEBP4 plays a role in estrogen-induced cancer cell growth. Here, we demonstrated that hPEBP4 inhibited the 17-estradiol (E 2 )-induced, proteasome-dependent estrogen receptor ␣ (ER␣) degradation to increase the protein level of ER␣. Silencing of hPEBP4 inhibited the recruitment of ER␣ to the promoter of the ER␣ target gene pS2 in MCF-7 breast cancer cells after E 2 treatment. E 2 -induced, ER␣-mediated transcription via the estrogen-response element, as well as the cellular proliferation, was significantly suppressed in hPEBP4-silenced MCF-7 cells. We found that Src, whose association with ER␣ facilitates the ER␣ binding to components of proteolytic machinery, could associate with hPEBP4 and that overexpression of hPEBP4 prevented the E 2 -induced interaction between ER␣ and Src. ER␣ overexpression, proteasome inhibitor, or Src inhibitor could reverse the suppression of ER␣-mediated transactivation by hPEBP4 silencing. The inhibition of the proteasome degradation and the promotion of transactivation of ER␣ by hPEBP4 via the Src pathway were further confirmed in HeLa cells. Finally, we found that the promoting effects of hPEBP4 on ER␣-mediated transactivation and estrogen-induced proliferation of cancer cells did not depend on its regulation of Akt and ERK activity. Our data suggest that hPEBP4 inhibits proteasomedependent ER␣ degradation through the Src pathway, thus enhancing ER␣-mediated transactivation and promoting the proliferation of cancer cells in response to estrogen.