I put the following data into a test sheet:-

1 COL B COL E COL H
2 Test 1 2 red
3 Test 2 5 red
4 Test 3 5 blue
5 Test 4 4 green

When I put the array forumla =INDEX($B$2:$B$115,MATCH(MAX(($E$2:$E
$115)*($H$2:$H$115="Blue")),$E$2:$E$115,FALSE),1) into cell L2 it
returns the test Test 2 whereas I was expecting Test 3.

I have uploaded the file to http://www.mediafire.com/?vglvvl3jtn0 -
not sure whether you would be happy to open it though but it's there
if you want.

TIA

Andy