Excel formula help needed

Hello,

I'm in need of an Excel expert, or just someone who knows better than I do how to put a formula together! I am trying to create a forumla to use with conditional formatting. What i need it to do is highlight a cell if two cells meet a certain condition.

For example;

IF
G1 = "S73"
AND
I1 = "OUTSTANDING"
Then Format cells (highlight in red)

If BOTH of the conditions in "" are not met, I dont want it to change

This will be applied across a whole sheet, is there a way to do this rather than copy and pasting the formula onto each row?

Hope someone can help as it would be a big time saver for me.

Thanks

Ash