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Default Return 1st, 2nd, 3rd largest test values

I am trying to write a formula that will look at a column of data and return
the 1st, 2nd, and 3rd largest values. My major issue is that the values are
text. Example:

Term Reasons
Failed Testing
Failed Testing
Failed Tesing
Fingerprinting
Failed BG Check
Failed BG Check

I need to return the data as...

#1 Term Reason = Failed Testing
#2 Term Reason = Failed BG Check
#3 Term Reason = Fingerprinting

Using Excel 2003

Thanks!

 
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