The properties of diphosphoinositide and triphosphoinositide phosphatases from rat kidney homogenate were studied in an assay system in which non-specific phosphatase activity was eliminated. The enzymes were not completely metal-ion dependent and were activated by Mg2+. The detergents sodium deoxycholate, Triton X-100 and Cutscum inhibited the reaction; cetyltrimethylammonium bromide only activated when added with the substrate and in the presence of Mg2+. Both enzymes had a pH optimum of 7.5. Ca2+ and Li+ both activated triphosphoinositide phosphatase, but Ca2+ inhibited and Li+ had little effect on diphosphoinositide phosphatase. Cyclic AMP had no effect on either enzyme. The enzymes were three times more active in kidney cortex than in the medulla. On subcellular fractionation of kidney-cortex homogenates by differential and densitygradient centrifugation, the distribution of the enzymes resembled that of thiamin pyrophosphatase (assayed in the absence of ATP), suggesting localization in the Golgi complex. However, the distribution differed from that ofthe liver Golgi marker galactosyltransferase. Activities of both diphosphoinositide and triphosphoinositide phosphatases and thiamin pyrophosphatase were low in purified brush-border fragments. Further experiments indicate that at least part of the phosphatase activity is soluble. Sloane-Stanley (1953) showed that brain phosphoinositide fractions were rapidly attacked by brain homogenates with the release of free and combined phosphate as well as free and combined inositol. Rodnight (1956) later performed experiments to suggest that two enzymes, a phosphomonoesterase and a phosphodiesterase, were present. Work with pure triphosphoinositide (phosphatidyl-myoinositol 4,5-bisphosphate)$ indicated that the lipid was broken down first to diphosphoinositide (phosphatidyl-myo-inositol 4-phosphate) and then to phosphatidylinositol