Advances in our understanding of the roles of phosphatidylinositol phosphat
es in controlling cellular functions such as endocytosis, exocytosis and th
e actin cytoskeleton have included new insights into the phosphatases that
are responsible for the interconversion of these lipids, One of these is an
entirely novel class of phosphatase domain found in a number of well chara
cterized proteins. Proteins containing this Sac phosphatase domain include
the yeast Saccharomyces cerevisiae proteins Sac1p and Fig4p, The Sac phosph
atase domain is also found within the mammalian phosphoinositide 5-phosphat
ase synaptojanin and the yeast synaptojanin homologues Inp51p, Inp52p and I
np53p. These proteins therefore contain both Sao phosphatase and 5-phosphat
ase domains. This review describes the Sac phosphatase domain-containing pr
oteins and their actions, with particular reference to the genetic and bioc
hemical insights provided by study of the yeast Saccharomyces cerevisiae.