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Default Formula is returning #VALUE! in excel cell

Hi

I have 3 worksheets. The first is called Sheet1 and the third
LookupData. On the third sheet I have 2 columns ( A and B) in which
have a list of numbers ( 8 rows). On the first sheet I have a cell
with the following formula:
=LOOKUP(LEFT(C86;3);"LookupData!$A$1:LookupData!$A $8";"LookupData!$B
$1:LookupData!$B$8")

The formula checks the data from another cell ( C86) and take the 3
leftmost characters and matches that with a cell in column A on the
third sheet. But which data is selected in C86, the cell with the
formula allways shows the error data : #VALUE!

What can be wrong? The 2 columns on the third tab are both sorted
ascendiing.

Any help will be appreciated.

Regards
 
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