I obviously don't understand what you are trying to achieve. What exactly is wrong and what exactly are your wanting to accomplish?
Perhaps:
Code:
Sub AngleQuotationMarks()
Dim iType As Long
Dim oRng As Range
Options.AutoFormatAsYouTypeReplaceQuotes = False
For iType = 1 To 1 '2
On Error GoTo lbl_Exit
Set oRng = ActiveDocument.StoryRanges(iType)
With oRng.Find
.ClearFormatting
.Replacement.ClearFormatting
.Wrap = wdFindStop
.Format = False
.MatchWildcards = True
.Text = "([! " & Chr(9) & Chr(11) & Chr(13) & Chr(160) & "])" & "(^0171)"
.Replacement.Text = "\1" & "^0187"
.Execute Replace:=wdReplaceAll
End With
Next iType
lbl_Exit:
'Options.AutoFormatAsYouTypeReplaceQuotes = True
Exit Sub
End Sub