The cAMP-specific PDE4 family consists of four genes, each expressed as several splice variants. These variants are termed long and short forms depending on the presence or absence of two unique N-terminal domains called upstream conserved regions 1 and 2 (UCR1 and 2). UCR1 and UCR2 have been shown to form a module necessary for the activation of PDE4 upon phosphorylation by the cAMP-dependent kinase (PKA). Here we have uncovered PDE4 oligomerization as a novel function for the UCR1/UCR2 module. Using several different approaches including gel filtration, sucrose density gradient centrifugation, pull-down of differentially tagged PDE constructs, and yeast two-hybrid assay, we show that the long PDE4 splice variant PDE4D3 behaves as a dimer, whereas the short splice variant PDE4D2 is a monomer. Internal deletions of either the C-terminal portion of UCR1 or the N-terminal portion of UCR2 abolishes dimerization of PDE4D3 indicating that both domains are involved in this intermolecular interaction. The dimerization, however, is structurally distinguishable from a previously described intramolecular interaction involving the same domains. PKA phosphorylation and site-directed mutagenesis shown to ablate the latter do not interfere with dimerization. Therefore, dimerization of the long PDE4 forms may be an additional function of the UCR domains that further explains differences in the regulatory properties between the long and short PDE4 splice variants.The second messengers cAMP and cGMP are key molecules for transducing the action of extracellular signals such as hormones, neurotransmitters, and light into the most diverse cell functions, thus playing an important role in a wide array of physiological processes that include vision, cell growth and division, memory, and immune response (1-5). Intracellular cyclic nucleotide levels are determined by the rates of their synthesis by adenylyl cyclases and of their degradation through phosphodiesterases, enzymes that hydrolyze the phosphodiester bond and generate the corresponding 5Ј-nucleoside monophosphates.Cyclic nucleotide phosphodiesterases (PDEs) 1 compose a superfamily of isoenzymes that are divided into 11 PDE families on the basis of their sequence homology and enzymatic properties (2). They all share a highly conserved catalytic domain of about 270 amino acids fused to additional N-and/or C-terminal sequences that contain distinct domains unique to the members of a PDE family. These terminal domains determine several properties of the PDEs such as the regulation of enzyme activity by post-translational modifications (e.g. phosphorylation by PKA, PKB, ERK2, CaMK, and PKG, Refs. 6 -10) and binding of other messenger molecules (e.g. cGMP, Ca 2ϩ -calmodulin, and phosphatidic acid, Refs. 11-13), or by specifying the subcellular localization of the enzymes by protein-proteininteractions and membrane insertion (14 -16). The terminal domains of the PDEs, therefore, provide diverse modules for coordinating PDE activity with the overall signaling network specific to a cel...