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Learn how to compress Microsoft PowerPoint files for easy sharing via email. Click on any image in your presentation and compress them to reduce file size. Go to Picture Tools Format menu and choose Compress Pictures. Keep top two boxes checked, choose default resolution, and press OK. Reduce resolution of images to save space. In File Save As menu, choose Save Options, go to Advanced option, discard editing data, change default resolution to lower resolution. Save presentation as a new file to create separate file and save space.