We presented for the first time a small angle x-ray scattering study of intact protein-disulfide isomerase (PDI) in solution. The restored model revealed that PDI is a short and roughly elliptical cylinder with a molecular mass of 69 kDa and dimensions of 105 ؋ 65 ؋ 40 Å , and the four thioredoxin-fold domains in the order a-bb-a are arranged in an annular fashion. Atomic force microscope imaging also supported the finding that PDI appears as an approximately flat elliptical cylinder. A PDI species with apparent molecular mass of 116 kDa measured by using size-exclusion chromatography, previously assumed to be a dimer, was determined to exist mainly as a monomer by using analytical ultracentrifugation. The C-terminal fragment 441-491 contributed to the anomalous molecular mass determination of PDI by size-exclusion chromatography. The annular model of PDI accounted for the cooperative properties of the four domains in both the isomerase and chaperone functions of PDI.Protein-disulfide isomerase (PDI, 3 EC 5.3.4.1) is an abundant multifunctional protein within the lumen of the endoplasmic reticulum (1, 2). It plays important roles in many physiological processes as both an enzyme and a molecular chaperone (3-5) by assisting in folding, unfolding, and translocation of many disulfide-containing proteins (6) and even some disulfide-free proteins (7). In addition, PDI serves as an obligatory  subunit of hetero-oligomeric prolyl 4-hydroxylase (8) and microsomal triglyceride transfer protein (9) to maintain highly insoluble ␣ subunits in an active, nonaggregated conformation (10).The four-domain architecture of PDI in the order a-b-bЈ-aЈ was proposed when the PDI cDNA was first sequenced, according to the internal sequence homology within the molecule (11). Later, the domain boundaries were defined (12) and further refined as shown in Scheme 1 by combined use of protein engineering, limited proteolysis, and bioinformatics (13-16). The a and aЈ domains, each with a -CGHC-motif as the active site, share 47% sequence identity, whereas the b and bЈ domains, with no such active site motif, share 28% sequence identity (11). The C-terminal 29 residues, 463-491, constitute an acidic c extension (2), in which over half of the residues are Glu/Asp, and represent a putative Ca 2ϩ -binding region (12). The three-dimensional structure determined by using NMR of the a domain, which shares 27% identity to thiroredoxin (Trx), shows a Trx-fold (15), and the b domain, which shows no significant sequence similarity to the a and Trx, also has a Trx-fold (14). PDI has thus been suggested to consist of four Trx-fold domains (14). Recently, a 19-amino acid linker region, 333-351, was identified between the bЈ and aЈ domains (16), which was suggested to potentially allow more flexibility between these domains than between the other domains. The three-dimensional structure of the entire PDI molecule, or of any other catalytically active eukaryotic PDI family member, has not yet been determined even though PDI was discovered over 40 years ago....