Minutes of the Meeting of the Board of Trustees of the University of Kentucky, Tuesday,
January 23, 2001.

      The Board of Trustees of the University of Kentucky met at 1:00 p.m. (Lexington time)
on Tuesday, January 23, 2001 in the Board Room on the 18th floor of Patterson Office Tower.

      A.    Meeting Opened

      Billy Joe Miles, Chairperson, called the meeting to order at 1:00 p.m., and the invocation
was pronounced by Dr. Grady Stumbo.

      B.    Roll Call

      The following members of the Board of Trustees answered the call of the roll: Governor
Edward T. Breathitt, Mr. Paul W. Chellgren, Mr. James Glenn III, Mr. Merwin Grayson, Mr.
John "Jack" Guthrie, Dr. Loys L. Mather, Dr. Robert P. Meriwether, Mr. Billy Joe Miles
(Chairman), Dr. Elissa Plattner, Mr. Steven S. Reed, Dr. Daniel R. Reedy, Mr. C. Frank Shoop,
Ms. Marian Sims, Ms. Alice Sparks, Dr. W. Grady Stumbo, Ms. JoEtta Y. Wickliffe, Mr. Billy
B. Wilcoxson, Mr. Russell Williams and Ms. Elaine Wilson. Absent from the meeting was Ms.
Marianne Smith Edge. The University administration was represented by President Charles T.
Wethington, Jr.; Chancellors James W. Holsinger, and Elisabeth Zinser; Vice Presidents
Fitzgerald Bramwell, Joseph T. Burch, Ben W. Carr, George DeBin and Eugene Williams; Dr.
Juanita Fleming, Special Assistant for Academic Affairs; Mr. Larry Ivy, Director of Athletics,
and Mr. Richard E. Plymale, General Counsel.

      Members of the various news media were also in attendance. A quorum being present,
the Chairperson declared the meeting officially open for the conduct of business at 1:03 p.m.

      C.    Consent Agenda

      Mr. Miles stated that there were three items on the consent agenda:

             Approval of Minutes
             Change in the Name of an Educational Unit (AACR 1)
             Change in the Name of an Educational Unit (AACR 2)

      Mr. Shoop moved approval of the Consent Agenda. The motion, seconded by Ms. Sims,
carried. (See AACR 1 and AACR 2 at the end of the Minutes.)

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

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

      1. The University of Kentucky has been ranked 32nd among public universities for
         research expenditures by the National Science Foundation. There were more than
         100 universities in this survey.