This file is a harmful and undesirable program. Probably virus. It's recommended to delete it.
What is Win386.exe Windows startup process
File name: Win386.exe
Program name: Win386
Description: GOSUSUB VIRUS
Information added by: Agamir at 10 May 2008
Hint: If win386.exe file is a virus or trojan, we recommend to use a antivirus software or registry cleaner.
We are presenting list of Windows processes, startup files.
Name of Win386.exe is Win386. Some of them are viruses, so you should use a antivirus program.