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Tim Tim is offline
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Default Excel 2007 xlsx files open as Read-Only in Excel 2003 after Compat

It appears that all spreadsheets created in Excel 2007 that are saved in the
new XML format (xlsx) are opened as Read-Only files when opened on a machine
running an older version of Excel (Excel 2003) after the Office 2007
Compatibility Update has been applied to that machine. Is this a known issue?

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Tim McDonald (MCSE)