Question
How to install Windows 95 from diskettes?
Answer
FAT32 was introduced with Windows 95 OSR2, although reformatting was needed to use it, and DriveSpace 3 (the version that came with Windows 95 OSR2 and Windows 98) never supported it. Windows 98 introduced a utility to convert existing hard disks from FAT16 to FAT32 without loss of data. In the NT line, native support for FAT32 arrived in Windows 2000. Windows NT 4 supported FAT32 with free driver by Winternals company, later acquired by Microsoft.
— Source: Wikipedia (www.wikipedia.org)