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Default average based on criteria

i am having the values as follows

PRODUCT MFGDATE
====== =======
AAAA 01-SEP-08
BBBB 02-SEP-08
CCCC 03-SEP-08
AAAA 04-SEP-08

if i enter the AAAA, i need the max date 04-SEP-08
if i enter in a cell BBBB, i need the max date 02-SEP-08

how to do this?
any one can help me?

Regards
Ramkumar

 
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