Minutes of the Meeting of the Board of Trustees of the University of Kentucky, Tuesday,
October 26, 2004.

      The Board of Trustees of the University of Kentucky met at 1:00 p.m. (Lexington time) on
Tuesday, October 26, 2004, in the Board Room on the 1 8th Floor of Patterson Office Tower.

      A.    Meeting Opened

      Mr. James F. Hardymon, Chair, called the meeting to order at 1:07 p.m., and Mr. Stephen
Branscum gave the invocation.

      B.    Roll Call

        The following members of the Board of Trustees answered the call of the roll: Mira S.
Ball, Stephen P. Branscum, Ann Brand Haney, James F. Hardymon (Chair), Michael Kennedy,
Pamela May, Billy Joe Miles, Roy Moore, Frank Shoop, Alice Sparks, Myra Leigh Tobin, Rachel
Watts, JoEtta Y. Wickliffe (Vice Chair), Billy B. Wilcoxson, Russ Williams, Elaine A. Wilson
(Secretary), and Barbara S. Young. Absent from the meeting were Marianne Smith Edge, Phillip
Patton, and Steven S. Reed. The University administration was represented by President Lee T.
Todd, Jr., Provost Michael Nietzel, Acting Executive Vice President for Finance and
Administration Frank Butler, Executive Vice President for Health Affairs Michael Karpf, Executive
Vice President for Research Wendy Baldwin, and General Counsel Barbara W. Jones.

      C.    Consent Agenda

      Mr. Hardymon called attention to the items on the consent agenda; approval of Minutes,
Personnel Actions, and FCRs 1 through 8. He asked if anyone had any comments, corrections, or
changes to the Minutes. He entertained a motion of approval of the consent agenda. Ms. Sparks
moved approval. Her motion, seconded by Ms. Tobin, carried without dissent. The items on the
consent agenda follow:

      Minutes - September 21, 2004
      PR 2   Personnel Actions
      FCR 1 Robert and Nellie Ellis Foundation Gift
      FCR 2 Estate of Betty Jo Heick
      FCR 3 Greg Wells Pledge
      FCR 4 Kentucky Medical Services Foundation, Inc. Gift to Replace Unfulfilled
               Pledges to Chair in Neurorehabilitation Fund and Professorship in
               Traumatic Brain Injury
      FCR 5 Dr. Charles E. Pritchett and Dr. Robert Sims Gifts and Pledges
      FCR 6 Estate of Regina J. Drury Gift and Children's Miracle Network
               Pledge
      FCR 7 Kentucky Medical Services Foundation, Inc. and Children's Miracle
               Network Council Pledges
      FCR 8 Dr. Helen Thacker Hill Gift