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       Governor Breathitt thanked the Board and said he was surprised and very grateful for the
recognition. He said he intended to continue devoting every ounce of his energies in support of
the University. Governor Breathitt received another round of applause.

       Mr. Reed then read the following:

          "Dear Governor Breathitt,

          In recognition of your lifetime service to the causes of civil rights and
          education, members of the Board have made a contribution to the Lyman
          T. Johnson Fund at this University in your name.

          With our good wishes,

          The Board of Trustees at the University of Kentucky."

       Mr. Reed added that he had sitting at home as a centerpiece on his mantel a
picture of Governor Breathitt shaking the hand of Dr. Martin Luther King, Jr. when
Dr. King came to visit the State Capitol and to visit Governor Breathitt. Standing
behind Dr. Martin Luther King, Jr. is none other than Jackie Robinson and the person
that's at the center of that who was initiating it all and leading it all is our friend,
Governor Breathitt. He thanked Governor Breathitt very much.

       Governor Breathitt was honored with another round of applause.

       Governor Breathitt responded, "Thank you. If there's any justification for my
public career, not only in education, it is the role I played in the civil rights movement
in Kentucky. And I'm proud of this state. Thank you."

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

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

      1. According to the National Science Foundation research rankings, the University of
          Kentucky has moved among public institutions from 46h in 1997 to 32nd in 1998. It
          has also moved from 67th to 49th place among all public and private universities
          combined.

      2. UK ranked 14th nationally among land-grant institutions, 22nd among public
          universities, and 38th overall in licensing income, and patents. UK reported $2.36
          million in royalties last year on 14 licenses.

      3. Sandy Isenstadt, Architecture, and Joanne Melish, History, have received National
          Endowment for the Humanities fellowships.