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With Excel 2011, you can continue to use and maintain Excel 4.0 macros (XLM macros) that have not been upgraded to Visual Basic® for Applications (VBA). Although you cannot record new Excel 4.0 macros in Excel 2011, you can run and modify them.
The Excel 4.0 Macro Reference provides information including syntax and examples for the macro functions. You can find more information about the Excel 4.0 Macro Reference on the Excel 4.0 Macro Reference (www.microsoft.com/downloads).