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Default Data correction

Hi,

Please find below a data extract from one of my excel sheet:
Holder Id Ref
I0009904220 00052432/C ON:
I0079752762 00049098/C ON:
00049099/C ON:
I0010853834 00049292/C ON:

Holder Id Ref
I0079752762 00051203/C ON:
00051204/C ON:
I0010853834 00051406/C ON:
I0014171215 00053957/C ON:
I0024522547 00054193/C ON:

The above is just an extract. My sheet has around 18,000 rows. My task
is to go through all those rows and basically identify those with no
value in column 1 and a value of ON: in column 3. If I find any such
row then I have to copy column 1's value with that of the row above it.
So the above would change to:
Holder Id Ref
I0009904220 00052432/C ON:
I0079752762 00049098/C ON:
I0079752762 00049099/C ON:
I0010853834 00049292/C ON:

Holder Id Ref
I0079752762 00051203/C ON:
I0079752762 00051204/C ON:
I0010853834 00051406/C ON:
I0014171215 00053957/C ON:
I0024522547 00054193/C ON:

As it's a huge file I though may be someone can provide me code for it
or suggest me how to accomplish this task quickly.

Thanks in advance.

 
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