We describe a human cDNA encoding 1-kinase activity that inactivates Ins(3,4,5,6)P4, an inhibitor of chloride-channel conductance that regulates epithelial salt and fluid secretion, as well as membrane excitability. Unexpectedly, we further discovered that this enzyme has alternative positional specificity (5/6-kinase activity) towards a different substrate, namely Ins(1,3,4)P3. Kinetic data from a recombinant enzyme indicate that Ins(1,3,4)P3 (Km = 0.3µM; Vmax = 320 pmol/min per µg) and Ins(3,4,5,6)P4 (Km = 0.1µM; Vmax = 780pmol/min per µg) actively compete for phosphorylation in vivo. This competition empowers the kinase with multitasking capability in several key aspects of inositol phosphate signalling.

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