The mechanisms of hepatocarcinogenesis by certain synthetic estrogens seem to involve both nongenotoxic and indirect genotoxic effects. However, the natural estrogen estradiol did not exert any carcinogenic effects in established experimental protocols. To elucidate specific long-term effects of natural estrogens on hepatocytes, small pieces of ovarian tissue were transplanted via the portal vein into the livers of ovariectomized female rats. One week, 3 weeks, and 3 months after transplantation the transplants were found to proliferate and to secrete estradiol. Three weeks after transplantation the hepatocytes of the liver acini downstream of the stimulated transplants already showed a remarkable loss of glycogen, distinct cytoplasmic amphophilia, enlargement of their nuclei, a strong increase in the number and size of peroxisomes, an increase in proliferative activity and apoptotic elimination, and changes in the activity of certain key enzymes of energy metabolism. All hepatocellular alterations could be inhibited by the estrogen receptor antagonist toremifene and are, therefore, attributed to specific effects of estradiol produced by the transplants. The observed alterations resemble in some respects amphophilic preneoplastic liver foci, which particularly occur after long-term administration of nongenotoxic hepatocarcinogens, including the adrenal steroid hormone dehydroepiandrosterone. In a preliminary experiment three of six animals exhibited a hepatocellular carcinoma, and another animal developed a hepatocellular adenoma 18 months after intrahepatic ovarian tissue transplantation. A causal relationship between the use of oral contraceptive steroids and the development of hepatocellular adenomas in humans is now accepted, whereas a definite relationship between oral contraceptive use and malignant liver tumors has not yet been established. Nevertheless, some authors reported an increase in incidence of hepatocellular carcinomas in women using hormonal contraceptives for prolonged periods. [1][2][3] This was supported by long-term animal studies, which demonstrate an enhancement of hepatocarcinogenesis by various synthetic estrogens, eg, ethinyl estradiol and diethylstilbestrol. 4 -7 The mechanisms of estrogen carcinogenesis are quite complex: They include nongenotoxic, ie, proliferative effects via direct mitogenic action, as well as by enhancement of the effects of epidermal growth factor (EGF), hepatocyte growth factor (HGF), and transforming growth factor ␣ (TGF␣) on hepatocytes. 8 -10 Furthermore, genotoxic effects like the formation of DNA adducts and the generation of reactive intermediates (quinones) and free radicals, causing lipid peroxidation, have been identified. 11,12 Interestingly, the natural estrogen estradiol exerts stimulating effects on hepatocyte proliferation, whereas no carcinogenic effect of estradiol has been demonstrated so far. 13 Some of the carcinogenic effects of ethinyl estradiol can be inhibited by simultaneous application of estrogen receptor antagonists like tamoxifen, ...