We consider the generalized dimensional reduction of pure ungauged N=4, D=5
supergravity, where supersymmetry is spontaneously broken to N=2 or N=0 with
identically vanishing scalar potential. We explicitly construct the resulting
gauged D=4 theory coupled to a single vector multiplet, which provides the
minimal N=4 realization of a no-scale model. We discuss its relation with the
standard classification of N=4 gaugings, extensions to non-compact twists and
to higher dimensions, the N=2 theories obtained via consistent Z_2 orbifold
projections and prospects for further generalizations.Comment: 1+28 pages, no figures, JHEP3 LaTeX, published versio