Proteins anchored to the cell membrane by glycosylphosphatidylinosital (GPI) are functionally diverse; they include: complement regulatory proteins, cell-adhesion molecules, ectoenzymes, lymphocyte differentiation antigens , tumor markers, both the normal and scrapie forms of the prion protein, as well as parasitic protozoan cell surface antigens (Cross, 1990). One proposed function for the GPI-anchor is that it facilitates the release of the protein from the membrane by serving as a target substrate for anchor-specific phospholipases (Low, 1990). Recently, we and others have discovered (Davitz et al., 1987; Cardoso de Almeida et al., 1988; and Low and Prasad, 1988), purified (Davitz et al., 1989; Huang et al., 1990), and cloned (Scallon et al., 1991) a GPI-specific phospholipase D (GPI-PLD) isolated from mammalian plasma. Based on a cleavage analysis of the GPI-biosynthetic precursors for the membrane form variant surface glycoprotein (mfVSG) of Trypanosorna brucei, the minimal carbohydrate structure recognized by the GPI-PLD consists of Mannose-Glucosamine-phosphatidylinositol (Man,GlcN-PI) (Masterson et al., 1989) (Figure 1). This carbohydrate unit is part of a conserved glycan core backbone that is present on both trypanosomal as well as mammalian anchors (Cross, 1990). Thus it is likely that all GPI-anchors could serve as potential substrates for the GPI-PLD.