We study string action with multiplet of Theta -terms added, which turns ou
t to be closely related with the bosonic sector of D = 11 superstring actio
n [3,4]. Alternatively, the model can be considered as describing class of
special solutions of the membrane. An appropriate set of variables is find,
in which the light-cone quantization turns out to be possible. It is shown
that anomaly terms in the algebra of the light-cone Poincare generators ar
e absent for the case D = 27. (C) 2001 Elsevier Science B.V. All rights res
erved.