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As far as I understood the question - the Holidays list should not / can not be limmited to within the range of those 30, or what days.
I compared Ron Rosenfelds last formula with Chip Pearsons suggestion [on his site]:
http://www.cpearson.com/Excel/BetterWorkday.aspx
I checked:
Start date: 02/02/2009
Added days: 50
Holidays dates - in range: C18:C379 [coverring holidays for the years 2006-2012]
The range was build from fictitious Dates - some relevant for that period of time are along that long range.
Both solutions return the same answer [date]: 28th., Mar. 2009
Rons Codderre formula returns: 24th., Mar. 2009
Micky (Microsoft® MVP - Excel)