Just download this application and install it. Once done, it takes care of everything. Yes, everything. You can open these files just like any other file. What's more, you can even save these files as: .PPT, .XLS and .DOC formats which are backward compatible (for those who came in late, it means that these work with older versions of MS Office like 97 & 2003).
So here's the link.... click away !!!
http://www.microsoft.com/downloads/en/details.aspx?familyid=941b3470-3ae9-4aee-8f43-c6bb74cd1466&displaylang=en
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