Error in AVG Exchange Extension

I am using Outlook 2007. I have been left pop up with the following errors, while starting Outlook after recent updates from AVG.

The Add-in "AVG Exchange Extension" (C:\PROGRA~1\AVG\AVG8\avgxch32.dll) cannot be loaded and has been disabled by Outlook. Please contact the Add-in manufacturer for an update. If no update is available, please uninstall the Add-in.

The Add-in "AVG Exchange Extension" (C:\PROGRA~1\AVG\AVG8\avgxch32.dll) cannot be loaded and has been disabled by Outlook. Please contact the Add-in manufacturer for an update. If no update is available, please uninstall the Add-in.

The Add-in "AVG Exchange Extension" (C:\PROGRA~1\AVG\AVG8\avgxch32.dll) cannot be loaded and has been disabled by Outlook. Please contact the Add-in manufacturer for an update. If no update is available, please uninstall the Add-in.

Inorder to disable the AVG Exchange Extension I have followed the following steps:

1. Open Outlook 2007.
2. Follow the path. Tools -> Trust Center -> Add ins(in the left column).
3. Select "Client Exchange Extensions" in the combo box at the right hand side bottom and press "Go".
4. You will get the Pop-up of extensions listed with the outlook from various clients.
5. Disable "AVG Exchange Extension" by unchecking that from the checkbox list.
6. Click Okay and restart Outlook to confirm error free.

Enjoy error free Outlook.......

IMPORTANT:

It is better to follow if you have outlook configured for Official mails. Usage of other mail ids are at your own risk.