Gene families normally expand by segmental genomic duplication and subsequent sequence divergence. Although copies of partially or fully processed mRNA transcripts are occasionally retrotransposed into the genome, they are usually nonfunctional ("processed pseudogenes"). The two major cytoplasmic poly(C)-binding proteins in mammalian cells, ␣CP-1 and ␣CP-2, are implicated in a spectrum of post-transcriptional controls. These proteins are highly similar in structure and are encoded by closely related mRNAs. Based on this close relationship, we were surprised to find that one of these proteins, ␣CP-2, was encoded by a multiexon gene, whereas the second gene, ␣CP-1, was identical to and colinear with its mRNA. The ␣CP-1 and ␣CP-2 genes were shown to be single copy and were mapped to separate chromosomes. The linkage groups encompassing each of the two loci were concordant between mice and humans. These data suggested that the ␣CP-1 gene was generated by retrotransposition of a fully processed ␣CP-2 mRNA and that this event occurred well before the mammalian radiation. The stringent structural conservation of ␣CP-1 and its ubiquitous tissue distribution suggested that the retrotransposed ␣CP-1 gene was rapidly recruited to a function critical to the cell and distinct from that of its ␣CP-2 progenitor.Two highly similar human proteins, ␣CP-1 and ␣CP-2 (also known as heterogeneous nuclear ribonucleoprotein E1/PCBP1 and heterogeneous nuclear ribonucleoprotein E2/PCBP2), belong to a growing family of K homology (KH) 1 domain containing RNA-binding proteins that includes Nova-1, an autoantigen in paraneoplastic opsoclonus myoclonus ataxia (1); and FMR1, which is associated with fragile X mental retardation syndrome (2). The ␣CP proteins appear to be multifunctional. Both ␣CP-1 and ␣CP-2 have been identified as components of a ribonucleoprotein complex that assembles on the 3Ј-UTR of a subset of long-lived mRNAs (3-5) and have been linked to stabilization of human ␣-globin, rat collagen, and rat tyrosine hydroxylase mRNAs (4, 6, 7). ␣CP-1 and ␣CP-2 also function as translational coactivators of poliovirus RNA via a sequencespecific interaction with stem-loop IV of the IRES and promote poliovirus RNA replication by binding to its 5Ј-terminal cloverleaf structure (8). Finally, these proteins have been implicated in translational control of the 15-lipoxygenase mRNA (9), human Papillomavirus type 16 L2 mRNA (10), and hepatitis A virus RNA (11). Thus, the ␣CP proteins appear to mediate a variety of functions relating to mRNA stability and expression.The sequences of the human (h) ␣CP-1 and h␣CP-2 mRNAs have been previously established (12, 13), as has that of a murine (m) ␣CP-2 mRNA (heterogeneous nuclear ribonucleoprotein X (14), murine CBP (15)). With the aim of better understanding the potential roles of these related and highly abundant RNA-binding proteins as well as to establish a foundation for delineation of related genetic defects, we extended these analyses by establishing the structures of murine and human ␣CP-1 mRN...