I don't think there is a problem saving a protected XLSM file. The issue is
that when you open the file the macros are disabled and there is no option
to enable them. Is that your problem?

--
Jim
"jgascon" wrote in message
...
|I have files containing macros created in previous versions of Excel that I
| would like to save, password protected, in the new .xlsm format of Excel
07.
| Excel 07 tells me that I have to remove password protection to protect
these
| files in the new, supposedly more secure, format.! How can I convert these
| old VBA macros to make them acceptable to Excel 07 and save them with
| password protection?