The NADPH-supported reduction of cytochrome P-450 LM2 (liver microsomal isozyme 2) in reconstituted phospholipid vesicles in general exhibits two-exponential kinetics. The physiologically relevant rapid partial reaction is favoured in amount with increasing reductase/P-450 ratio. A lipid specificity was observed in that negatively charged lipids favour that process, too. The rate constant increases concomitantly. The data are consistent with the formation of a reactive 1 :I complex the amount of which determines the rate constant. The dissociation constants amount to 0.048 pM for a microsomal lipid extract, 0.051 pM for a 3:l (wiw) mixture of dioleoylglycerophosphoethanolamine and phosphatidylserine, and 0.47 pM for dioleoylglycerophosphocholine, respectively, in the respective reconstituted systems. At low reductase/P-450 ratio the amount of the rapidly reduced P-450 exceeds the equilibrium concentration of a 1 :I complex. Preformed 1 :I associates, therefore, cannot fit the derived mechanism. Instead, a cluster model based on P-450 association does correspond to the data.The hepatic, endoplasmic cytochrome P-450 monooxygenase system is rate-determined by specific interactions between the three main components, the terminal oxidase cytochrome P-450, the NADPH-dependent cytochrome P-450 reductase as electron-donating flavoprotein, and phospholipids which constitute the membrane tnatrix. The availability of isolated proteins and Iipids, respectively, enabled the investigation of reconstituted systems of selected composition and stoichiometry and this way studies of the catalytic mechanism on a molecular level. In preceding papers it could be shown that the lipid control of the P-450 reduction and of substrate conversion depends on membrane charges which correspond to the electrophoretic mobility of respective vesicles [ 1,2].The microsomal P-450 reduction exhibits at least two reaction phases, but up to even four partial reactions have been discriminated [3]. As yet the structural origin of this functional behaviour is rather unknown. However, two main approaches are generally accepted. A rather homogeneous model suggests randomly distributed proteins in the membrane, the interaction of which is regulated by diffusion control; the slow partial reaction is taken as to indicate some structurally unfavoured P-450 molecules [4 -91. The cluster hypothesis, on the other hand, relates the fast phase to clustered P-450 molecules which further associate with reductase, whereas the slow phase is assigned to unclustered P-450 molecules which Abbreviations. P-450 LM, liver microsomal cytochrome P-450; P-450 LM2 and P-450 LM4, homogeneous isozymes of rabbit liver microsomal cytochrome P-450 designated according to their electrophoretic mobilities ; Ole,GroPCho, dioleoylglycerophosphocholine; Ole,GroPEtn, dioleoylglycerophosphoethanolamine; Lau,GroPCho, dilauroylglycerophosphocholine; PtdSer, phosphatidylserine.Enzymes. NADPH-cytochrome P-450 reductase (EC 1.6.2.4); flavoprotein-linkedmonoxygenease or cytochrome P-450 (EC 1.14...