PEPCK has been characterized from several microorganisms and animals (1, 5-7, 9). However, only limited information is available on the characteristics of this enzyme in higher plants and most of this has been obtained using crude extracts (2, 10-14, 16, 18). In addition, the data on plant PEPCK are on either the exchange reaction or the ADP-dependent carboxylation reaction. Using either of these reactions to study PEPCK in relation to C4 photosynthesis is open to criticism since the proposed role of PEPCK is as a decarboxylase. The exchange reaction has been found to occur at rates much faster (3-to 30-fold) than either the carboxylation or decarboxylation reaction in animal tissue (7) Even though PEPCK is proposed as the decarboxylase in bundle sheath cells of certain C4 plants, no information is available on the characteristics of the ATP-dependent decarboxylation of OAA by the enzyme (12)(13)(14). This report presents data on the partial purification of PEPCK to remove PEP carboxylase using the C4 grass Panicum maxinum. The ATP-dependent decarboxylation reaction has been characterized and compared to the exchange reaction and the ADP-dependent carboxylation reaction.Phosphoenolpyruvate carboxykinase catalyzes the nucleotidedependent carboxylation of PEP2 to produce OAA in a reversible fashion as shown in equation 1. CO2 + ADP + PEP+&I% +OAA + ATP (1) In addition, PEPCK catalyzes a nucleotide-dependent exchange of CO2 into OAA (16,20).PEPCK has been proposed to act as a decarboxylase during photosynthesis in bundle sheath cells of specific plants which carry out C4 photosynthesis such as Panicum maximum. Through the action of PEPCK in these C4 plants, CO2 is released from OAA in the bundle sheath cells where the CO2 is refixed by the C3 cycle (3,12,14). In other C4 plants either a NADP+-or NAD+-dependent malic enzyme acts as the decarboxylase in bundle sheath cells. In all C4 plants the 4-carbon organic acids 1