Conditional Formatting with the use of and() not working

=OFFSET(INDIRECT("R"&ROW()&"C"&COLUMN(),FALSE),0,-9) = "abc"  //this works perfectly fine

=AND(OFFSET(INDIRECT("R"&ROW()&"C"&COLUMN(),FALSE),0,-9) = "abc",TRUE) //does not work

I put true as the second condition, just to test it, doesnt matter what other condition is in the AND(), it fails. 

Any help would be appreciated.

Office 2010 Profesional.