One way ..
Assuming data posted is representative & running in A1 down
Then placed in B2, copied down:
=TEXT(TIME(LEFT(A1,SEARCH(" ",A1)-1)+1,0,0),"hh:mm")&" "&MID(A1,SEARCH("
",A1)+1,99)

Signature
Max
Singapore
http://savefile.com/projects/236895
xdemechanik
---
> Hi,
> I have time and text in one cell and need to update each cell (there are
[quoted text clipped - 3 lines]
> A1
> 14.00 Meeting in Manchester
Max - 27 Feb 2007 08:09 GMT
Oops, line:
> Then placed in B2, copied down:
should have read as:
> Then placed in B1, copied down:

Signature
Max
Singapore
http://savefile.com/projects/236895
xdemechanik
---