The following code fails to create a valid icon recognized by Windows Explorer or VS2005; though, it can be opened in Paint.

using (Bitmap bmp = new Bitmap(@"C:\ABitmap.bmp"))
      bmp.Save(@"C:\IconFromBitmap.ico", ImageFormat.Icon);

After googling, a post in MSDN forum was found with similar problem

The code seems rather straight-forward but it does not appear to do the job.

Does anyone have a solution?