Displaying Multiple Images based on Cell Value

Try the following - I used the same named Range "pictable" as the example link you provided, just extended it such that H11 (your Example) for a second Image also looked up against that table for another picture name.

<code>

Private Sub Worksheet_Calculate()
Dim oPic As Picture
Dim oPic2 As Picture

Me.Pictures.Visible = False
With Range("E45")
For Each oPic In Me.Pictures
If oPic.Name = .Text Then
oPic.Visible = True
oPic.Top = .Top
oPic.Left = .Left
Exit For
End If
Next oPic
End With

With Range("H11")
For Each oPic2 In Me.Pictures
If oPic2.Name = .Text Then
oPic2.Visible = True
oPic2.Top = .Top
oPic2.Left = .Left
Exit For
End If
Next oPic2

End With

End Sub

</code>