Reaction catalyzed by dipeptidyl-peptidase II (3.4.14.2), dipeptidyl-peptidase IV (3.4.14.5)

		+		H2O	=			+
	Phe-Pro-4-methylcoumarin 7-amide	+		H2O	=		Phe-Pro	+		7-amino-4-methylcoumarin