Meeting of the Board of Trustees
                              University of Kentucky
                                      1:00 P.M.
                                  December 8, 1998


Roll Call

Approval of Minutes

President's Report and Action Items

PR 1    President's Report to the Trustees
        A. Y2000 Report

PR 2    Personnel Actions

PR 3    Central Administration
        A. Proposed Amendments to the Governing Regulations

PR 4    Community College System
        A. Candidates for Degrees - Community College System

PR 5    Lexington Campus
        A. Candidates for Degrees - University System

PR 6    Medical Center
        A. Appointment to University Hospital of the Albert B. Chandler Medical
                 Center, Inc. Board of Directors

Finance Committee

1.    Acceptance of Interim Financial Report for the University of Kentucky for the Four
            Months Ended October 31, 1998
 2.    Report of Leases
 3.     Capital Construction Report
 4.     1998-99 Budget Revisions
 5.    Ephraim McDowell Cancer Research Foundation Endowed Chair Gift
 6.     Ephraim McDowell Cancer Research Foundation Gift of $288,000
 7.     Robert L. Bergen, M.D. Gift
 S.    Owsley Brown Frazier Family Foundation Pledge
 9.    Estate of Helen Frances Farmer
 10.    Endowed Professorship in Real Estate
 11.    Dialysis Clinics, Inc. Pledge of $500,000