Sure...

Sub SaveFile()
Dim sFileName As String, sTest As String
sTest = Sheets("Sheet1").Range("C2").Text
If IsDate(sTest) = False Then
MsgBox "Sheet1 C2 is not a valid date", vbCritical, ""
Exit Sub
End If
sFileName = "C:\My Documents\" & _
Format(sTest, "yyyy\\dd-MM-yy") & _
".xls"
ActiveWorkbook.SaveAs sFileName
End Sub

....but the Folders must exist.

Regards - Steve.
"Patrick Simonds" wrote in message ...
On my spreadsheet cell C2 displays a date in the (04/27/05) format. What I need to do is have a macro which will save
the document to C:\My Documents\????\XXXXXX. Where ???? is the year in cell C2 and the XX-XX-XX is the date
(04-27-05). Is this possible?