Load pictures from Web pages not created in Excel

This policy setting controls whether Excel loads graphics when opening Web pages that were not created in Excel. It configures the "Load pictures from Web pages not created in Excel" option under the File tab | Options | Advanced | General | Web Options... | General tab. If you enable or do not configure this policy setting, Excel loads any graphics that are included in the pages, regardless of whether they were originally created in Excel. If you disable this policy setting, Excel will not load any pictures from Web pages that were not created in Excel.