Excel 2007 : Competition scores 1st 2nd =3rd etc

I have a spreadsheet for a competition, where the final scores are in column T, rows 4 to 62. Some of the cells in column T will be blank where a competitor did not finish, and they are penalty scores, so the lowest number wins.

I am trying to get column U to show 1st, 2nd, 3rd, etc. I also would like the result to show where two competitors have the same score, eg, =3rd, although that is less important.

I am half-way there, but I can't quite finish it.

The formula I have got in T4 (and dragged down the rest) so far is:

=IF(T4="","",RANK(T4,$T$4:$T$62,1))

This formula is not adding st, nd, rd, th, (1st, 2nd, 3rd, 4th), and neither is it putting = on equal scores.

Can someone help put the finishing touches to it, please? Or suggest a different formula if there's a better way of doing it? Maybe a macro would be more suitable?

Many thanks