MATLAB: Do I see error message in Microsoft Excel 2010, when I try to include Spreadsheet Link Ex 3.1.2 (R2010b) as an add-in

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I open Microsoft Excel 2010 and follow the steps in order to include Spreadsheet Link Ex as an add-in and I get the following error message in the dialog box:
 Microsoft Excel cannot access the file 'C:\Program Files\MATLAB\R2010b\toolbox\exlink\excllink2007.xlam'. There are several possible reasons:
 The file name or path does not exist.
 The file is being used by another program.
 The workbook you are trying to save has the same name as a currently open workbook.

Best Answer

The issue is experienced if Microsoft Excel 2010 is installed without VBA or Microsoft Office Tools. In order to workaround the issue, install Microsoft Office Tools.
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