- 2 -



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

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

      1. Former Virginia Governor Gerald L. Baliles will deliver the address
         at commencement on Saturday, May 10, in Memorial Coliseum.
         William David Johnson of Louisville will speak as a representative
         of the Class of 1997.

      2. The UK History Department is one of only two departments
         nationwide to have two Guggenheim Fellowships awarded to its
         professors this year. The UK Guggenheim Fellows are Thomas
         Cogswell and George Herring.

      3. Fifty-three percent of the 87 fourth-year College of Medicine
         students who will graduate in May will enter primary care
         specialties.

      4. An experimental colon cancer vaccine created by Kenneth Foon,
         Director of the Markey Cancer Center, and Malaya Chatterjee,
         Internal Medicine, will be used in nationwide patient trials in the
         coming months.

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

      F.    University of Kentucky Research Report

      President Wethington reminded the members of Governor Paul
Patton's questions at the last Board meeting about the University becoming a
top 20 research university and the research report that had been sent to
Governor Patton and members of the General Assembly. At the April 1, 1997
meeting, Governor Patton challenged the Board to take a look at that report,
determine what was in the report, get some assessment of it, be more
knowledgeable about it, and be better able to respond to questions expressed
about the research program at the University of Kentucky. As a result of
Governor Patton's challenge, Governor Breathitt asked that a report be made
at the May meeting.

      President Wethington said that Dr. Fitzgerald Bramwell, Vice President
for Research and Graduate Studies, will deliver the report about the research
program. He will give some factual information about the status of the
University of Kentucky research enterprise and will specifically address both
the manner and the content of the information which was sent forth to
Governor Patton and the General Assembly that did in fact describe or