How to run old linux code (32bit) on current ubuntu system?

[Peng Yu]

Hi,

I have some legacy binary code. Is there a way to run it on a current
64bit ubuntu system?

~$ file y
y: ELF 32-bit LSB executable, Intel 80386, version 1 (SYSV),
dynamically linked (uses shared libs), for GNU/Linux 2.0.0, not
stripped
~$ ./y
-bash: ./y: No such file or directory

-- 
Regards,
Peng