Reaction catalyzed by licheninase (3.2.1.73)

		+		H2O	=			+
	4-methylumbelliferyl 3-O-beta-cellobiosyl-beta-D-glucopyranoside	+		H2O	=		4-methylumbelliferone	+		3-O-beta-cellobiosyl-beta-D-glucopyranoside