We present a color-magnitude diagram (CMD) of the globular cluster SKHB-312
in the Andromeda galaxy (M31), obtained with the Advanced Camera for Surveys on
the Hubble Space Telescope. The cluster was included in deep observations taken
to measure the star formation history of the M31 halo. Overcoming a very
crowded field, our photometry of SKHB-312 reaches V ~ 30.5 mag, more than 1 mag
below the main sequence turnoff. These are the first observations to allow a
direct age estimate from the turnoff in an old M31 cluster. We analyze its CMD
and luminosity function using a finely-spaced grid of isochrones that have been
calibrated using observations of Galactic clusters taken with the same camera
and filters. The luminosity difference between the subgiant and horizontal
branches is ~0.2 mag smaller in SKHB-312 than in the Galactic clusters 47 Tuc
and NGC 5927, implying SKHB-312 is 2-3 Gyr younger. A quantitative comparison
to isochrones yields an age of 10 +2.5/-1 Gyr