Telomeres, the natural ends of linear eukaryotic chromosomes, are esse
ntial for protecting chromosomes from degradation and fusion. The synt
hesis of telomere DNA repeats in most eukaryotes is performed by a spe
cial enzyme, telomerase. Telomerase, a ribonucleoprotein enzyme, is a
specialized reverse transcriptase utilizing its RNA moiety as a templa
te for synthesis of telomeric DNA. Enzymatic properties and results of
comparative analysis of telomerase RNA and protein structures from di
fferent eukaryotic systems are discussed in this review.