). In the present structure-function analysis, deletion of EF1 and EF2 of the N-terminal four EF-hand domains caused marked reduction of phosphatidylinositol 4,5-bisphosphate (PI(4,5)P 2 )-hydrolyzing activity in vitro and loss of Ca 2؉ oscillation-inducing activity in mouse eggs after injection of RNA encoding the mutant. However, deletion of EF1 and EF2 or mutation of EF1 or EF2 at the x and z positions of the putative Ca 2؉ -binding loop little affected the Ca 2؉ sensitivity of the PLC activity, whereas deletion of EF1 to EF3 caused 12-fold elevation of the EC 50 of Ca 2؉ concentration. Thus, EF1 and EF2 are important for the PLC activity, and EF3 is responsible for its high Ca 2؉ sensitivity. Deletion of four EF-hand domains or the C-terminal C2 domain caused complete loss of PLC activity, indicating that both regions are prerequisites for PLC activity. Screening of interactions between the C2 domain and phosphoinositides revealed that C2 has substantial affinity to PI(3)P and, to the lesser extent, to PI(5)P but not to PI(4,5)P 2 or acidic phospholipids. PI(3)P and PI(5)P reduced PLC activity in vitro, suggesting that the interaction could play a role for negative regulation of PLC.