Heres one way.
- convert ape file to wav file with Monkey's Audio software
- open cue file with (text) editor and replace ape in line 3 by wav (in this line here: FILE "CDImage.ape" WAVE ; should then be: FILE "CDImage.wav" WAVE). Save as: CDImage.wav.cue
- start EAC (Exact Audio Copy)
EAC:
--> Tools
--> Split WAV by CUE sheet
--> open wav file
--> open CDImage.wav.cue file
--> let EAC work for you...
--> now you have seperate wav files
Get monkeysaudio from here.. link
There could be an easier way though...