If you are willing to restore every file in a windows 95 backup set, you can use the windows 98 backup program to restore it.
There is a knowledge base article on this at
http://support.microsoft.com/support/kb/articles/q190/8/97.asp
Another option would be to create a minimal windows 95 install on a second partition and use that to restore selected files, then save them using zip files or copy them to another hard drive.