Messenger RNAs (mRNAs) that contain U-rich elements are targeted for rapid
decay. Selective inhibition of this decay results in a rapid increase in st
eady state level. Thus, this is an important regulatory step in gene expres
sion. Previously, we have found that these mRNAs are selectively stabilized
by a specific mRNA binding protein called HuR. The mechanism of action of
HuR is not well understood. It has been postulated that HuR stabilizes mRNA
by the displacement or inhibition of factors that specifically cleave or d
eadenylate these mRNAs. In this paper, we report the identification and cha
racterization of a novel endonuclease that cleaves within an HuR binding si
te in p27kip1 mRNA. The specificity of this endonuclease and its inhibition
by HuR argue for it playing a role in the postranscriptional regulation of
gene expression.