Is the workbook "Shared"? I have a similar problem with Hyperlinks. I need
to unshare, create the hyperlink from url and reshare it...HTH, Scott

"Karla V" wrote:

I have an Excel file from a co-worker that needs some hyperlinks updated.
However, the option to edit hyperlink is grayed out. Also, I cannot create
any new hyperlinks.

It is a Read-Only file, but even when I Save As a different file name, the
hyperlink options aren't available.

Any ideas on why this would be happening?