Exeter are still locked in negotiations with Derby over the proposed transfer of Dean Moxey.
The Rams had a £200,000-plus offer turned down by the newly-promoted League One club last month.
Exeter manager Paul Tisdale has stated that he would be willing to let Moxey leave St James' Park if the price was right.
City director of football Steve Perryman insists that the lines of communication between the two clubs remain open.
He told the Express and Echo: "It is still ongoing at the moment. They are very nice people to deal with at Derby - it is a very respectful club."
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