We find explicit expression for the one-loop four-graviton amplitude i
n eleven-dimensional supergravity compactified on a circle. Represente
d in terms of the string coupling (proportional to the compactificatio
n radius) it takes the form of an infinite sum of perturbative string
loop corrections. We also compute the amplitude in the case of compact
ification on a 2-torus, which is given by an SL(2, Z) invariant expans
ion in powers of the torus area, We discuss the structure of quantum c
orrections in eleven-dimensional theory and their relation to string t
heory. (C) 1997 Elsevier Science B.V.