Hmmm.... I don't recall. I suppose you cannot choose Format-Cells and choose hyperlink, sooo...do this:
Copy those cells right into Word. It should create a column in Word that looks virtually the same.
Select the entire column. Hit Format-Style, make sure it says *all styles* at the bottom of the list. Choose Hyperlink. I'm almost certain 97 has that option. You can check before you move it to Word. If you get the hyperlink on there, go ahead and copy. Go back to Excel, click on first *bad* hyperlink cell and hit paste.