Reaction catalyzed by acireductone synthase (3.1.3.77), 2-hydroxy-3-keto-5-methylthiopentenyl-1-phosphate phosphatase (3.1.3.87)

		+		H2O	=			+
	2-hydroxy-5-(methylsulfanyl)-3-oxopent-1-enyl phosphate	+		H2O	=		1,2-dihydroxy-5-(methylsulfanyl)pent-1-en-3-one	+		phosphate