We have developed an in vitro system which faithfully reproduces several aspects of general mRNA stability. Poly(A) ؊ RNAs were rapidly and efficiently degraded in this system with no detectable intermediates by a highly processive 3 -to-5 exonuclease activity. The addition of a poly(A) tail of at least 30 bases, or a 3 histone stem-loop element, specifically stabilized these transcripts. Stabilization by poly(A) required the interaction of proteins with the poly(A) tail but did not apparently require a 3 OH or interaction with the 5 cap structure. Finally, movement of the poly(A) tract internal to the 3 end caused a loss of its ability to stabilize transcripts incubated in the system but did not affect its ability to interact with poly(A) binding proteins. The requirement for the poly(A) tail to be proximal to the 3 end indicates that it mediates RNA stability by blocking the assembly, but not the action, of an exonuclease involved in RNA degradation in vitro.The relative stability of RNA transcripts plays a key role in determining their steady-state levels as well as the rate of mRNA induction following a transcriptional stimulus (30). Mutations which affect transcript stability can have a very significant impact on regulated gene expression (26,33). The mechanism of regulated turnover of mammalian mRNA, however, is largely unknown. Terminal structures, namely, the 5Ј cap and 3Ј poly(A) tail, serve as general stabilizing elements found on most mRNAs (7,14). Several internal sequences, such as an AU-rich element (10) or nonsense codons (5), which functionally shorten the half-lives (t 1/2 ) of mRNAs have been identified. Furthermore, an internal element which stabilizes ␣ globin mRNA has recently been identified (38). Elucidating how the general and regulatory elements interact to determine the functional t 1/2 of mRNAs is vital to understanding the mechanism of RNA stability as a regulator of gene expression.The poly(A) tail, a posttranscriptional modification of the 3Ј end of all nonhistone mRNAs, is initially formed as a 150-to 200-base homopolymer (19) which assembles multiple molecules of a poly(A) binding protein (PABP) (13). The tail is a dynamic structure which serves as a mediator through which several important cellular processes including the initiation of translation (31), nucleocytoplasmic transport (18), and mRNA stability (7), are regulated. Most mRNAs are rapidly degraded following deadenylation of their 3Ј ends to approximately 30 adenylate residues (8,21,27,34). Many destabilizing elements appear to act by increasing the rate of deadenylation (11). The disruption of poly(A) tail function, therefore, appears to be the rate-limiting step in mRNA turnover. Following deadenylation, mRNA degradation can occur through a variety of exoand/or endonucleolytic pathways (4). The difficulty in identifying intermediates in mammalian mRNA turnover has significantly hindered attempts to probe further into mechanistic aspects of the turnover process.Mechanistic questions in mammalian systems are usually best ...