How to fix – Excel Slow to Open Network Files

After you install MS11-021 and the Office File Validation (OFV) Add-in for Office 2003 (KB 2501584), workbooks stored in a network location open slower over the network in Excel 2003 than they did without the OFV installed. The decrease in performance depends on the size of the workbook and bandwidth of the network and in some scenarios can seem to hang Excel.

Fix is here: http://support.microsoft.com/kb/2570623

I actually ran the above fix, then I got an error that the OFV.msi had to be found. So I had to complete the installation with OFV.exe, then run the OFV Add-in Fix again. All better now!

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