Data in cells with gridlines moves up within the cells.
 

When printing a spreadsheet using Excel 2003, the data within the cells moves
up in the cell until the data is printing on the gridline. At the top of the
spreadsheet, the data is well within the cell but with each line that is
printed, the data moves up a small amount until more and more of it is
printing on the gridline. I have service pack 3 installed and the latest
updates have been installed as well.
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Thanks,
Jack