Loss of hepatitis B surface antigen (HBsAg) usually indicates the cure of hepatitis B virus (HBV) infection. In spontaneous hepatitis B e antigen (HBeAg) seroconverters, lower serum HBsAg and HBV DNA levels have been shown to be associated with HBsAg loss over time. However, little is known about their impacts on HBsAg loss in HBeAg-negative patients with limited viral replication. A total of 688 HBeAg-negative patients with baseline serum HBV DNA levels <2000 IU/mL were enrolled in Taiwan. The relationships of HBsAg and HBV DNA levels with subsequent HBsAg loss were investigated. In a mean follow-up of 11.6 years, the average annual rate of HBsAg loss was 1.6%. Baseline HBsAg and HBV DNA levels were inversely associated with subsequent HBsAg loss. When compared to patients who had HBsAg levels >1000 IU/mL, the rates of HBsAg loss were significantly higher in patients with HBsAg levels of 100-999, 10-99, and <10 IU/mL, with hazard ratios of 2.5 (95% confidence interval [CI], 1.6-4.0), 2.8 (95% CI, 1.6-5.0), and 13.2 (95% CI, 8.1-21.5), respectively. Multivariate analysis showed that HBsAg level, but not HBV DNA, remained as an independent factor. The adjusted hazard ratio of HBsAg loss was 13.2 (95% CI, 7.8-22.1) for HBsAg level <10 versus !1000 IU/mL. When compared to HBV DNA level by receiver operating characteristic curve analysis, HBsAg level served as a better predictor of both 5-year and 10-year HBsAg loss. Conclusion: In HBeAgnegative patients with HBV genotype B or C infection who have HBV DNA level <2000 IU/mL, HBsAg level <10 IU/mL is the strongest predictor of HBsAg loss. (HEPATOLOGY 2012;55:68-76) H epatitis B virus (HBV) infection is a global health problem, resulting in more than one million deaths per year. 1 Patients with chronic HBV infection are at increased risk of developing cirrhosis, hepatic decompensation, and hepatocellular carcinoma (HCC). [1][2][3] It is estimated that in HBV carriers who acquire the virus early in life, the lifetime risk of developing these complications is 25%-40%. 3,4 The REVEAL-HBV (Risk Evaluation of Viral Load Elevation and Associated Liver Disease/Cancer HBV) Study has indicated that in patients with chronic HBV infection, HBV DNA level is a major driver of disease progression. 5,6 Of particular note is that patients with serum HBV DNA levels !2000 IU/mL start to have an increased risk of developing adverse outcomes, including hepatitis, cirrhosis, HCC, and liver-related death. [5][6][7][8] In contrast, those individuals with HBV DNA levels <2000 IU/mL have a higher likelihood of becoming inactive carriers, and some clear hepatitis B surface antigen (HBsAg) during the follow-up, 9,10