Unable to read the year 2000

The Microsoft program "File Manager" (winfile.exe) was unable to read
the dates of files or folders later than the year 1999,
until it's upgrade for Windows 98.

Here is a screen capture of the program "File Manager",
running on a Win-95 pc in march of 2011.

Notice the folders with dates in the year 2000 are displayed as 19:0, and 2001 is read as 19:1