Yes, that's possible.
1) Use the Save As command to save the DL as a text file.
2) Open Excel.
3) Open the file in Excel, first changing the file type filter at the bottom
of the Open dialog so that it says All Files (*.*) so you can see the file
saved in Step 1.
4) In the Text Import Wizard, for the file data type, choose Delimited, and
start the import on row 5 or whatever row holds the first name/address pair.
5) On step 2 of the Wizard, make sure the delimiter is Tab.
6) Click Next, then Finish to complete the data import.
