An R^4 non-renormalisation theorem in N=4 supergravity

17 pages. one figureWe consider the four-graviton amplitudes in CHL constructions providing four-dimensional N=4 models with various numbers of vector multiplets. We show that in these models the two-loop amplitude factorizes a d^2R^4. This implies a non-renormalisation theorem for the R^4 term, which forbids the appearance of a three-loop ultraviolet divergence in four dimensions in the four-graviton amplitude. We connect the special nature of the R^4 term to the U(1) anomaly of pure N=4 supergravity