Excel 2010 SP2 opens files slowly after installing SP2

After installing SP2 Excel is opening files very slowly. Files can be on network share or locally, no matter. If Excel is already open, then the file opens fast as it has opened before. OS is Windows 7 64-bit, and Office Professional Plus is 32-bit. Ecxel
itself opens fast, but is slow when I double click file. Slow is about 12 seconds and fast is about 1 second with a 31 KB file from network. Network itself seems to be OK, anf Word files open fast.

From your description, I understand that you open EXCEL 2010 SP2 32-bit slowly in Windows 7 64bit.
Try to start Excel in safe mode. Then, open the Excel file.
Start the Excel program in safe mode
1.       Click Start, point to All Programs, and then point to Microsoft Office.
2.        Press and hold the CTRL key, and then click the Microsoft Excel.
If the problem does not occur in the safe mode, this issue might be related to some third-party add-ins in the Excel program, we can try to disable them.
Normally, you could do the following to disable the conflict add-ins in your Excel program:
Disable add-ins
Click File menu, click Options >  Add-in, click Go button in the Manage: Com-in Add.
Check if there are any add-ins, clear the checkbox to disable them.
Close the Office program and restart it.
Add one check back each time to the list of Add-In, restart the Office program, and repeat the above procedure. Once the issue reappears again, we can determine which add-in causes this problem and then disable it.
Please take your time to try the suggestions and let me know the results at your earliest convenience.  If anything is unclear or if there is anything I can do for you, please feel free to let me know.
Is the performance also slow when you trying to open?
At this time, we can also try to test this issue in the clean boot mode.
Test in Clean boot Mode
===============
Let’s disable all startup items and third party services when booting. This method will help us determine if this issue is caused by a loading program or service. Please perform the following steps:
1.       Click the Start Button type "msconfig" (without quotation marks) in the Start Search box, and then press Enter.
           Note: If prompted, please click Continue on the User Account Control (UAC) window.
2.        Click the "Services" tab, check the "Hide All Microsoft Services" box and click "Disable All" (if it is not gray).
3.       Click the "Startup" tab, click "Disable All" and click "OK".
Then, restart computer. When the "System Configuration Utility" window appears, please check the "Don't show this message or launch the System Configuration Utility when Windows starts" box and click OK.
Note: Temporarily disabling the Startup Group only prevents the startup programs from loading at startup. This should not affect the system or other programs. We may still manually run these programs later.

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