Object Linking & Embedding – OLE32.DLL
Ole32.dll comes installed as part of your Windows operating system. This dynamic link library contains standards for Object Linking and Embedding. This allows certain objects to be linked to or embedded in files that are created by different applications. As an example, an Excel Spreadsheet can be linked to or embedded in a Microsoft Word document. It's important to leave this file in place. If it is disabled or removed, certain functions in Windows and in Windows Applications will no longer work. You'll find more information on how to replace this file at http://www.ehow.com/how_5173447_replace-oledll.html#ixzz1IF1LGfzq.
Safe
Microsoft