Mtheory on(K3×S1)Z2

We analyze $M$-theory compactified on $(K3\times S^1)/Z_2$ where the $Z_2$ changes the sign of the three form gauge field, acts on $S^1$ as a parity transformation and on K3 as an involution with eight fixed points preserving SU(2) holonomy. At a generic point in the moduli space the resulting theory has as its low energy limit N=1 supergravity theory in six dimensions with eight vector, nine tensor and twenty hypermultiplets. The gauge symmetry can be enhanced (e.g. to $E_8$) at special points in the moduli space. At other special points in the moduli space tensionless strings appear in the theory.Comment: LaTeX file, 11 page