- 3 -



the Board which is clearly a factor in the success of whatever is done
at the University. He reiterated that the University's athletics
program is self-supporting, not only supporting the athletics program
but contributing to the academic programs as well.

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

          President Wethington commented on the following items in
PR 1:
          1.    A record 41,446 alumni and other friends of the
                University of Kentucky gave $28,000,269 to the
                University in i992. He expressed appreciation to Joe
                Burch, Terry Mobley, Bill Sturgill and others involved
                in private fundraising.

          2.    U.S. News and World Report has ranked the UK College
                of Pharmacy third best in the nation; and the College
                of Medicine has ranked ninth best at training primary
                care physicians.  He commended Dr. Bosomworth, Dean
                Jordan Cohen, Dean Emery Wilson and others for
                receiving this well deserved honor.

          3.    Three persons will be inducted into the Kentucky
                Journalism and Advertising Halls of Fame: Terry Hunt,
                Senior White House Correspondent for The Associated
                Press; C. Thomas Hardin, Director of Photography for
                The Detroit News; and Robert S. Allison, Chairman and
                Chief Executive Officer of Doe-Anderson Advertising
                Agency in Louisville. He noted that Jim Squires. a
                former editor of the Chicago Tribune, will be giving
                the Creason Lecture and the induction ceremonies will
                be a part of this event.

          4.    Katharine Graham, Chair of the Board of the Washington
                Post Co., will present the 12th Edward F. Prichard,
                Jr. Lecture as a part of the annual meeting of the UK
                Library Associates.

          President Wethington asked that the Board read the other
items in PR 1 at their leisure.

          F.    Personnel Actions (PR 2)

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

          G.    Medical Center Chancellor - Resignation And Acting
Pappointmant (PR 2A)

          President Wethington stated that PR LA is a recommendation
that the Board approve an effective date of June 26, 1993 for the
resignation of Dr. Peter Bosowworth as Chancellor of the Medical