Two dimensional conformal field theories with central charge one are discussed. After a short review of theories based on one free boson, a different CFT is described, which is obtained as a limit of minimal models.We will be concerned with unitary two dimensional conformal field theories. Such theories describe, for example, critical points of equilibrium statistical mechanics systems in two dimensions, or vacua of string theory around which a perturbative expansion of string amplitudes can be computed. * It is customary to insert the notion of "quasi-rational" as another step between rational and non-rational. For the present purposes we can think of non-rational as "not rational"; what is said remains true.