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Biopolymers, Computational Sciences, Materials Sciences, Molecular Biology
and Pharmaceutical Engineering.

      Dr. Fink said the second component of ASTeCC is the building. It is an
80,000 sq. ft. facility and was constructed in four phases. The building opened
in November 1994. It is connected to the Engineering Complex on one side
and the Computing Center on the other side. There are 19 faculty-led research
groups in the building and eight for-profit companies. The five colleges that
the faculty members are affiliated with are: Agriculture, Allied Health
Professions, Arts and Sciences, Engineering and Pharmacy. The building has
shared support services as well as shared research resources such as Nuclear
Magnetic Resonance Services, a Mass Spectrometer machine, and high speed
centrifuges, etc.

      The for-profit entities housed in the building are as follows: Affinity
Labeling Technologies, Inc.; Bio-Products International Corporation; De Novo,
Inc.; Equine Biodiagnostics, Inc.; K & K Biosciences, Inc.; Promogen, Inc.; Tigen
Pharmaceuticals, Inc.; and Valvoline, Inc.

      He said the final component of ASTeCC is the program. It is a program
in which the University is attempting to facilitate economic development,
economic diversity, diversify the economic base of the Commonwealth by
bringing in high tech enterprises, encouraging their development and getting
the faculty to focus their efforts in areas that have the potential for commercial
development in the future. He noted that the Center conducts technical and
administrative seminars monthly which are open to the public.

      Dr. Fink invited the members of the Board to tour the facility at the
conclusion of the Board meeting.

      President Wethington expressed appreciation to Dr. Fink for a good
report on the Advanced Science and Technology Commercialization Center.

      E.    Personnel Actions (PR 2)

      President Wethington recommended that approval be given to the
appointments, actions and/or other staff changes which require Board action;
and that the report relative to appointments and/or changes already approved
by the administration be accepted. Dr. Meriwether moved approval. The
motion, seconded by Mrs. Bell, carried. (See PR 2 at the end of the Minutes.)

      F.    Proposed Amendment to the Governing Regulations (PR 3A)

      President Wethington recommended that the proposed amendment to
the Governing Regulations of the University of Kentucky be approved. He
reminded the Board that the proposed amendment was received for