This probably means you are running an add-in that is incompatible with Excel 2007.
Another possibility is that a workbook of your own has a compile error and you have protected the VBProject. But if that were your case you would know how to correct it.
So, try disabling all add-ins (Office Button > Excel Options > Add-Ins).
You can then add them back in one at a time until the error is given.
If you would then tell us which add-in it was, it could be helpful to others who hit the same issue.
Microsoft Excel MVP, Oxford, England. www.manville.org.uk
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