This 1999 annual report of the Southern Regional Education Board (SREB) is introduced by letters from its chairman and its president. The report then goes on to provide brief descriptions of various initiatives undertaken by the Board: the Electronic Campus program; the Doctoral Scholars program; Educational Benchmarks 2000, a report on member states' progress in meeting goals set out in 1998; the Middle Grades Education Initiative; the Shared Resources in Education program; the Council on Collegiate Education for Nursing; the Educational Technology Cooperative; a program to promote child health and literacy; the SREB Fact Book on Higher Education; the role of the SREB State Services office; and the High Schools That Work school reform initiative. Appended to the report are lists of SREB Board members, SREB advisory groups, and SREB staff. (SM)