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Default Lookup?

I have a workbook with 2 sheets. I want to compare the value in Sheet2!A1
to a range of cells in Sheet 1 (Sheet1!a1:a300). If the value in Sheet2:A1
finds a matching in the range of Sheet1!a1:a300), then the value of Sheet1!b1
should be copied to Sheet2!b1.

I'm sure there's a Lookup in there somewhere, but don't know where to start.

THANKS!
 
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