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I want to disable "Update Remote Reference" in Tools->Options->Calculate tab of excel for a particular workbook. I used ActiveWorkbook.UpdateRemoteReferences = false in the code before saving the workbook.
But everytime I open this workbook again, it prompts me to update references.
Not sure what version of Excel you are using I am using 2003, but you could try the following in the worksheet
edit->Links then click on Startup Prompt, it gives you a few options about how you want external references treated.. Hope this helps