Set your Number of Rows Property 3. You aren't at an exact row number visible. I don't have 7.0, so I don't know if this was available in 7.0, but if you right-click and do properties on your multi-column listbox, on the appearance tab, change the rows from 3 to 2 and back to 3. This will show exactly 3 rows.
If the value isn't there, there is a property value called number of rows you can run to do the same thing.
Then, you can't scroll past the last entry.