OL2007 allows you to set an appointment to recur on the first weekday of a
month. That might be a new feature in OL2007. Prior to that this tool may
help:
http://www.websetters.co.uk/WSAddIns/Repeat%20Appointment/index.htm
> In Outlook, can you set a recurrence for the first work day of the
> month --
> that is, automatically skipping Sat and Sun?