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Default Conditional formatting based on Cell Value and another cell's valu

In Excel 2007...

If E50 and E3="x" I want E5 to be shaded red.

How can I accomplish this?

Even better would be:

If E50 and E3="x" I want E5 to be shaded "the same color as E3" (that is,
to use the shaading of E3 as a variable. Doubt that's possible).

Any help is GREATLY appreciated!

jb
 
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