1998–99 Ukrainian First League was the eighth season of the Ukrainian First League which was won by FC Dynamo-2 Kyiv.
The season started on July 31, 1998, and finished on July 4, 1999.
Two clubs promoted from the 1997-98 Ukrainian Second League through a promotion/relegation play-off tournament.
Two clubs were relegated from the 1997-98 Ukrainian Top League: FC Cherkasy failed to obtain berth in the Top League.
Statistics are taken from here.