1998–99 Vyshcha Liha

The 1998–99 Vyshcha Liha season was the 8th since its establishment. FC Dynamo Kyiv were the defending champions.

Promotions

 * SC Mykolaiv, the champion of the 1997–98 Ukrainian First League – (returning after absence of two seasons)
 * Metalist Kharkiv, the third-place runner-up of the 1997–98 Ukrainian First League – (returning after absence of four seasons)

Managers
Notes: Games between Dynamo Kyiv and CSKA Kyiv were played at Republican Stadium.

Top goalscorers

 * Notable Transfers
 * Andriy Shevchenko, FC Dynamo Kyiv to A.C. Milan
 * Oleksandr Palyanytsia, FC Karpaty Lviv to FC Kryvbas Kryvyi Rih
 * Ihor Kostiuk, FC Vorskla Poltava to FC Dynamo-2 Kyiv