However, I just want to point out that since all other security settings become active after a save (as opposed to a save-and-close), this seems like a bug and something that should have been release-noted, or else clearly explained in the UI. I also don't think that this is how it used to work, though I no longer have Acrobat 8 installed, so I can't test it. It isn't a bug. Before you close the document you can extract pages.
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