SummaryThe actual cellular functions of the highly homologous small isoforms of the phosphatidylinositol transfer proteins, PI-TPa and PI-TPb have been studied using many different experimental conditions varying from in vitro experiments with purified proteins and lipid vesicles to investigations in animals. In this review, the very diverse data of these investigations have been collected and joined to propose a model for the cellular functions of PI-TPa and PI-TPb. The model is based on the suggested roles of PI-TPa and PI-TPb in various lipid-mediated cellular signaling pathways and leads to the conclusion that both proteins have a regulating function in pathways involved in the proliferation, apoptosis as well as survival of cells.