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Default Excel 2003 VBA - setting "iteration" upon loading

Hi!

I have a problem regarding an add-in:

I'm trying to set "iteration" in a workbook_open event with the code:

Private Sub Workbook_Open()

With Application
.Iteration = True
.MaxIterations = 500
.MaxChange = 0.001
End With

But I get the error message

"Error 1014, Method 'iteration'of object application failed' when
Excel is started and loads the add-in

My Excel does not have iteration ticked off as default in the
tools/options/calculation. But why can not this be done with VB upon
start of Excel ?

If the add-in is loaded after Excel have been started, the
workbook_open event works ok, and the iteration is set.

Any suggestions ?
 
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