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May 8 (Reuters) –

* Former enron CEO jeffrey skilling faces shortened prison term

under agreement

with federal prosecutors — court filings

* Skilling agrees that recommended prison term should under

federal guidelines

be 14 to 17-1/2 years; term can be reduced for good behavior

* Skilling has been serving a 24-year prison term over enron’s

collapse

* Skilling’s lawyer says agreement brings “certainty and

finality” to “long,

painful process”