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      D.    President's Report to the Board of Trustees (PR 1)

      President Wethington called attention to the following items in PR 1:

      1. The UK Department of Communication is leading the nation in securing outside
          grants over a ten-year period.

      2. The University of Kentucky hosted 2,400 undergraduate researchers on campus at the
          largest conference the University has had on campus. It was a wonderful experience
          for the undergraduate students and their faculty mentors from across the country.

      President Wethington asked the members to read the other items in the report at their
leisure.

      E.    Partnership in Research Progress Committee Report (PR IA)

      President Wethington said that this report is a report from the Partnership in Research
Progress Committee to the Board of Trustees and the President. The report will be given to Dr.
Lee Todd for his consideration for use in the furtherance of the research program at the
University of Kentucky. He asked Mr. Miles for his comments and to introduce Mr. John Hall.

      Mr. Miles stated that upon receiving the mandate to achieve top-20 research status, the
University looked for an outstanding group of people that could compare the University to what
is going on at the other universities that are top-20. He expressed his appreciation and thanks to
Mr. Hall for the work that he and the committee have done in bringing this report together. He
asked Mr. Hall to introduce the committee and then make the report, following which he
received a round of applause from the Board members.

      Mr. Hall expressed his appreciation to Mr. Miles and President Wethington for the
opportunity to address the Board. He acknowledged the members of the Committee who put
numerous hours of work into this report; Dr. Fitzgerald B. Bramwell, Vice President for
Research and Graduate Studies at the University of Kentucky; Barbara Ford, Vice President of
Human Resources at Tech Republic in Louisville; Mr. E. Edward Glasscock, co-managing
partner of Frost, Brown, and Todd; Mr. Henry Jackson, President, Jackson Plastic, Inc.; Mr. Billy
Joe Miles, Chairman of the University of Kentucky Board of Trustees; Mr. Stephen S. Reed,
esquire, Vice Chairman, UK Board of Trustees; Dr. Wimberly Royster, Vice President of the
Kentucky Science and Technology Corporation; and Dr. Lee Todd, who is president-elect of the
University of Kentucky and Senior Vice President of Lotus Development Corporation. He also
acknowledged the advisory members; Dr. Gordon Davies, President of the Council on
Postsecondary Education; Dr. Joseph Fink, Assistant Vice President for Research and Graduate
Studies; and Dr. James Ramsey, State Budget Director. He added that while Dr. Wethington was
not on the committee, he could not have been more cooperative. Dr. Wethington attended all of
the meetings and gave the Committee access to any individual or any information they requested.
Mr. Hall expressed his appreciation to Mr. Paul Chellgren for his help with transportation and
printing services as well as the services of Ms. Margaret Thompson to write the final report and
presentation.