I run IE ver 5.00.3314.2101

I'm having a problem exporting my Favorites folder. I can export a sub folder of Favorite and open this in Word. But I cannot export a larger sub set of folders nor the entire Favorite file AND open this file (htm file) with Word. I get an error message after Word opens saying that the file is possibly corrupt. I am trying to send a set of urls to a colleague but annotating the addresses with some key information about the sites. I understand there are third party url managers that can do provide this sort of functionality but I thought it should be possible to achieve this without having to do this.

Would appreciate any ideas as to what is happening and how I can resolve the problem.