Yes. Export it as a .dat file. Open excel first, then open the .dat file (you may have to change your file type to "show all files" or whatever. Then it will walk you through what your field separater (I spelled that wrong, sorry!) is, which columns you want to import, etc. Then it should open correctly into excel. You will then File --> Save As a .xls file.
Hope that helps, my terminology may not be exact, but it should get you through.
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CRCM