We have studied conformational changes of type-I plasminogen-activator inhibitor (PAI-1) during a temperature-dependent inhibitor -substrate transition by measuring susceptibility of the molecule to nontarget proteinases. When incubated at 0°C instead of the normally used 37"C, a tenfold decrease in the specific inhibitory activity of active PAI-1 was observed. Accordingly, PAI-I was recovered in a reactivecentre-cleaved form from incubations with urokinase-type plasminogen activator (uPA) and tissue-type plasminogen activator (tPA) at 0"C, but not at 37°C. It thus behaved as a substrate for the target proteinases at the lower temperature. Active PAI-1 was exposed to a variety of non-target proteinases, including elastase, papain, thermolysin, trypsin, and V8 proteinase. It was found that specific peptide bonds in the reactive centre loop (RCL) and strand 5 in @-sheet A (sSA) had a temperature-dependent proteolytic susceptibility, while the P,,-P,, (E332-S333) bond, forming the hinge between s5A and the RCL, showed indistinguishable susceptibility to proteolysis by V8 proteinase at 0" and 37°C. In latent and reactivecentre-cleaved PAI-1, all the bonds were resistant to proteolysis at the higher as well as the lower temperature. An anti-PAI-I monoclonal antibody maintained the inhibitory activity of PAIL1 and prevented reactive centre cleavage at 0 "C, and thus prevented substrate behaviour. Concomitantly, it caused specific changes in proteolytic susceptibility of sSA and the RCL, but it did not affect cleavage of the P,,-PI, bond by V8 proteinase. Our observations suggest that temperature-dependent conformational changes of 8-sheet A and the RCL determine whether the serpin act as an inhibitor or a substrate. Furthermore they suggest that the RCL of PAI-I is fully extracted from 8-sheet A in the inhibitory as well as in the substrate form, favoring a so-called induced conformational state model to explain why inhibitory activity requires partial insertion of the RCL into 8-sheet A.Keywords: conformation ; plasminogen-activator inhibitor; proteolysis ; reactive-centre loop; serpin.The serpin superfamily includes of a large number serine proteinase inhibitors and a variety of proteins with other or unknown functions (see reviews by Huber and Carrell, 1989;Potempa et al., 1994). The molecular mechanism of the inhibitory function of all the serine proteinase inhibitor members of the superfamily is thought to be similar, on the basis of a high percentage of sequence identity and the same over-all fold, as shown by X-ray crystal analysis. A key feature is an approximately 20-amino-acid peptide segment, the reactive-centre loop (RCL) which protrudes from the main body of the molecule (see reviews by Bode and Huber, 1992; Stein and Carrell, 1995).