This report details the proceedings of the first meeting of the Governing Board of the SEAMEO Regional Centre for Education in Science and Mathematics held in Penang, Malaysia from October 8-12, 1970. Procedural matters detailed in the report include: (1) the election of officers; (2) the acceptance of the annual report of the events and activities of RECSAM for 1970; (3) the approval of nine courses for 1971 and 13 courses for 1972, which are listed; and (4) the approval of RECSAM's program of activities and budget for the fiscal year 1972. The Appendices contain reports presented to the meeting delegates on such topics as evaluation, methods, curriculum, and related workshops, seminars, and conferences. Also included are progress reports, budget information, program activities, addresses by the delegates, meeting agenda, and a list of participants. (BT)