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Default Saving in Compatibility mode

Hi,
I am using Excel 2007, but sharing files with people using 2003.
When I save files in compatibility mode it takes around 30 minutes (compared
with a few seconds in 2007 format).
I have turned autosave off as this basically locks Excel permanently.
Compatibility checker is unticked.
Multiple processors is set to 4 (quad core processor)

30 mins is unusable. What can I do?
Thanks
Roger
 
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