A text box that has the "Resize shape to fit text" option enabled does not anchor as expected in Microsoft Office PowerPoint 2007

In Microsoft Office PowerPoint 2007, you set the Align Test option to Middle or to Bottom for a text box that has the Resize shape to fit text option enabled. However, when the text wraps to a new line in the text box, the text box does not anchor on the middle part of the text box or on the bottom part of the text box. Instead, the text box anchors on the top part of the text box. The text box expands downward to accommodate the text.

Note This issue does not occur in Microsoft Office PowerPoint 2003.

To resolve this problem, install the 2007 Microsoft Office suites hotfix package that is dated February 14, 2008. For more information, click the following article number to view the article in the Microsoft Knowledge Base:

Microsoft has confirmed that this is a problem in the Microsoft products that are listed in the "Applies to" section.