Membrane-bound L-(+)-pantoy1 lactone dehydrogenase, an enzyme that catalyzes the formation of ketopantoyl lactone from L-(+)-pantoy1 lactone, was solubilized with Brij 35 and purified 78-fold to apparent homogeneity, with a 3.7% overall recovery, from Nocardia asteroides through purification procedures including successive ammonium sulfate fractionation, and DEAE-Sephacel, Sepharose CL-6B and Cellulofine GC-700-m column chromatography in the presence of Brij 35. The relative molecular mass of the native enzyme, as estimated on high-performance gel-permeation chromatography, is at least more than 600 kDa and its subunit molecular mass is 42 kDa. The enzyme shows high specificity for L-(+)-pantoy1 lactone as a substrate ( K , = 26.8 mM; V,,, = 4.22 pmol . min-' . mg protein-'). Brij 35 acts as a stabilizer and also as an efficient activator of the enzyme. The prosthetic group of L-(+)-pantoy1 lactone dehydrogenase was identified as noncovalently bound FMN In previous papers [l -31, we reported that the stereoselective oxidation of L-(+)-pantoy1 lactone to ketopantoyl lactone (Scheme 1) in a racemic mixture was a promising reaction for the practical production of D-( -)-pantoyl lactone, which is an important intermediate for the chemical synthesis of D-(+)-pantothenic acid. It was found that coryneform bacteria, e. g. Nocardiu, Rhodococcus and Corynehactrrium, exhibit high ability and specificity for the oxidation of L-(+)-pantoyl lactone to ketopantoyl lactone [l] and that 1,2-propanediol markedly enhanced the oxidizing activity of such microorganisms [l]. While the L-(+)-pantoyllactone-oxidizing reaction is quite useful for industrial applications, the enzyme catalyzing this stereoselective oxidation has not been identified. The enzyme might be concerned with the metabolism of 1,2-propanediol, because it is induced by 1,2-propanediol. Thus, the characterization of the enzyme seemed to be necessary for clarification of the metabolism of 3 ,Zpropanediol in microorganisms.In the present paper, we report on the purification and characterization of L-(+)-pantoy1 lactone dehydrogenase from N . asteroides.