In MS Excel, trying to embed .jpg file.

When trying to rename icon using "Change Icon" option, do not see any icons
as default icon access program is set to C:\Program Files\Internet
Explorer\iexplore.exe.mui

I had to change this default to appropriate icon program at
C:\WINDOWS\Installer\{90280409-6000-11D3-8CFE-0050048383C9}\PEicons.exe to be
able to see required icons.

How do I correct this problem?