Beginning at 10 a.m., the audit committee will meet in open session to receive the internal audit quarterly report and discuss the compliance program model. The committee will also consider action on amendments of Bylaw 12.1 (Responsibilities of the Committee on Audit) and Bylaw 21.5 (Senior Vice President/Chief Compliance and Audit Officer) and the Regents' policy on the audit committee charter, adoption of the Regents' policy on the appointment of expert advisors to the audit committee, and approval of the FY 2007-08 external audit plan and external audit services.

Beginning at 4 p.m., the governance committee will convene in closed session to consider the appointments of a new member to the Investment Advisory Group and an expert advisor to the Regents' audit committee. The committee will then meet in open session to consider action on proposed revisions to the Regents' reports schedule, amendments of Bylaws 12.1 B and 21.5 B and Regents' policies on the audit committee charter and the statement of expectations of Regents, as well as adoption of the Regents' policies on the appointment of expert advisors to the audit committee and on board education and assessment.

For the full agenda and teleconference locations:
www.universityofcalifornia.edu/regents/meetings.html

For more information about the UC Regents:
www.universityofcalifornia.edu/regents