In eukaryotes, 40S and 60S ribosomal subunits are assembled in the nucleus from rRNAs and ribosomal proteins, exported as premature complexes, and processed in final maturation steps in the cytoplasm. Ltv1 is a conserved 40S ribosome biogenesis factor that interacts with pre-40S complexes in vivo and is proposed to function in yeast in nuclear export. Cells lacking LTV1 grow slowly and are significantly impaired in mature 40S subunit production. Here we show that mutation or deletion of a putative nuclear export sequence in LTV1 is strongly dominant negative, but the protein does not accumulate in the nucleus, as expected for a mutation affecting export. In fact, most of the mutant protein is cytoplasmic and associated with pre-40S subunits. Cells expressing mutant Ltv1 have a 40S biogenesis defect, accumulate 20S rRNA in the cytoplasm as detected by FISH, and retain the late-acting biogenesis factor Tsr1 in the cytoplasm. Finally, overexpression of mutant Ltv1 is associated with nuclear retention of 40S subunit marker proteins, RpS2-GFP and RpS3-GFP. We suggest that the proximal consequence of these LTV1 mutations is inhibition of the cytoplasmic maturation of 40S subunits and that nuclear retention of pre-40S subunits is a downstream consequence of the failure to release and recycle critical factors back to the nucleus. R IBOSOME biogenesis is a major biosynthetic activity of eukaryotic cells and a significant ratelimiting factor in cell growth and proliferation. The pathway appears to be conserved in most respects in eukaryotes from yeast to humans and has been extensively analyzed in the model organism, Saccharomyces cerevisiae. Ribosome biogenesis begins cotranscriptionally in the nucleolus, continues in the nucleoplasm, and is completed in the cytoplasm where final maturation events must occur (for reviews, see More than 150 trans-acting factors have been identified by genetic and proteomic studies with roles in ribosome biogenesis. Generally, these factors are well conserved through eukaryotic evolution, but the specific function of many of the proteins remains largely unknown.In yeast, the 18S, 5.8S, and 25S ribosomal RNAs (rRNAs) are transcribed as a single 35S precursor rRNA. About 40 ribosome biogenesis factors, U3 snoRNA, and ribosomal proteins assemble cotranscriptionally on the nascent 35S pre-rRNA to form the 90S pre-ribosome (Dragon et al. 2002;Grandi et al. 2002;Schafer et al. 2003). Cleavage of the 35S pre-rRNA at site A2 releases a pre-40S particle containing 20S pre-rRNA, which then sheds most of the processing factors associated with it (Schafer et al. 2003). Pre-60S biogenesis factors and ribosomal proteins then assemble on the remaining transcript. The pre-60S subunit undergoes extensive remodeling and processing in the nucleolus and nucleoplasm, acquiring new processing factors and incorporating the independently transcribed 5S pre-rRNA before being exported through the nuclear pore to the cytoplasm (reviewed in Fromont-Racine et al. 2003;Tschochner and Hurt 2003). The pre-40S an...