[mso] Conditional format of %range of column

In an Excel worksheet I have a column of numbers which have been sorted with 
the highest at the top. I now want to identify and conditionally format the top 
5%, then between 5% and 20%, then between 20% and 50%.
I have tried using the formula <=(COUNTIF(AC3:AC500,"*"))*0.05 in conditional 
format but it doesn't  work. 

It works perfectly in a cell, so maybe I will have to have an additional column 
which I can hide, but refer to in the conditional format menu.

Any other ideas?

Regards

Geoff Culbertson
Petersfield, UK
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