<a href="COL1"><IMG SRC="COL2" />COL3</a>

$separation_char = "|"; // character separating fields
$filename = "test.csv";

$row = 1;
if (($handle = fopen($filename, "r")) !== FALSE) {
    while (($data = fgetcsv($handle, 1000, $separation_char)) !== FALSE) {
        echo '<a href="' . $data[0] . '"><IMG SRC="' . $data[1] . '" />' . $data[2] . '</a>';
    }
    fclose($handle);
}