Http 404 error exporting query result into Excel.

Hello. I'm getting an Http 404 The webpage cannot be found" error when trying to export any APEX application's query results into Excel (Application Express 3.2.1.00.10). This was working fine before. Nothing changed with our APEX application. I've been always using I.E. Version 7.0.5730.11 with no problems. I've reset the I.E. defaults and still the problem exists. I've downloaded Mozilla Firefox and the problem does not happen. However, I would like to know why my I.E. still gets this error? Any feedback or suggestions would greatly be appreciated. Thanks for your time.

My EI settings are as follows:
Tools -> Internet Options -> Security
All Three: Internet, Local Intrarnet, and Trusted Sites ... at Custom Level have the following settings:
Downloads:
Automatic prompting for file downloads = Enable
File download = Enable
Font download = Enable
Problem still exists.
Thanks for the help.... any additional feedback or suggestions would greatly be appreciated. Thanks for your time.

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