(Hydroxymethy1)bilane synthase (HMBS) catalyses the conversion of porphobilinogen (2) into the (hydroxymethy1)bilane derivative 3, a linear tetrapyrrolic intermediate in the biosynthesis of haem, chlorophyll, and related pigments. The conversion involves the sequential formation of four intermediate covalent enzyme-substrate complexes, before the product is released. We analysed the pre-steady-state kinetics of the formation of the complexes, taking advantage of their remarkable chemical stability allowing chromatographic separation. The experimental approach involved the generation of the complexes while HMBS was immobilised on an anion-exchange column. A solution being 0.2 K,,, in substrate was pumped through the column during a time interval which was varied to sample the pre-steady-state period. Then, the enzyme and enzyme-substrate complexes were eluted and their proportions evaluated. A computer simulation of the pre-steady-state time course, in combination with a x 2 fitting to the experimental data, allowed the specificity constants k,,JK, for the individual steps of the process to be derived. By repeating the analysis with variants of HMBS in which specific amino acids were replaced by others, we demonstrated that it is possible to trace the consequences of amino-acid replacements down to the individual steps of the reaction sequence. Since the positions of the amino acids concerned in the three-dimensional structure were known, detailed structure-function relationships become evident in this way.Introduction. -(Hydroxymethy1)bilane synthase (HMBS, EC 4.3.1.8, also known as porphobilinogen deaminase) is an enzyme of the biosynthetic pathway leading to haem, chlorophyll, vitamin B,,, coenzyme F430, and related tetrapyrrolic pigments. It catalyses the conversion of four equivalents of porphobilinogen (PBG; 2) into (hydroxymethy1)-bilane derivative 3 and ammonia [ 11 [2] (Scheme I ) .HMBS is an enzyme converting PBG into products obeying Michaelis-Menten kinetics (k,,, = 0.1 s-', K,,, = 5-10 ~L M at pH 7.4 for HMBS from Escherichia coli [3]) [4] and displaying chemical reactivity of a polymerase [S]. The signal to stop polymerisation does not require any external factors, but is built into the HMBS molecule itself as soon as four substrate molecules have been processed, the tetrameric product is released. To accomplish the assembly of the bilane, HMBS uses a unique dipyrrin ( = dipyrromethane) cofactor to which the growing chain remains covalently attached [6] [7] (see Scheme 2). The cofactor is in turn covalently bound to the enzyme via the S-atom of a cysteine residue (Cys-242 of the enzyme from E.coli). The HMBS apoenzyme, lacking the cofactor, is capable of assembling its own cofactor from two substrate molecules. Being derived from PBG (2), the cofactor can be isotopically labelled by