Article ID: 826826 - View products that this article applies to.
If you press and then hold down the SHIFT key while you use the Getting Started task pane to open a Microsoft Excel workbook, the code is not disabled. When you use the task pane to open a workbook that contains Microsoft Visual Basic for Applications macros or that references a managed code extension, the code always runs.
To prevent the code from running when you open a workbook, press and then hold down the SHIFT key while you use the File menu instead of the task pane to open the workbook.
Microsoft has confirmed that this is a bug in Microsoft Office Excel 2003.
Steps to Reproduce the Behavior