For some unknown reason excel will only let you put EITHER normal text OR a cell reference into a chart label, mixing two would require a formula which it won't let you do.
Anyway the solution is to put a formula in a spare cell, the result of which is the exact text you want in your chart label eg.
="Profits for Year " & A1
then on your chart select the label and instead of typing direct into the box click on the formula bar at the top of the page and then type a reference to the cell containing the earlier formula eg.
=Sheet1!A2
Your label should now contain "Profits for Year 1999" (assuming of course that cell A1 contained the value "1999")
Kaiowas,
Thank you very much.
Ken