While installing the patch KB974417 http://www.microsoft.com/downloads/details.aspx?familyid=491874d4-5eea-4545-9b7d-3861857c862e&displaylang=en we receive the following error message: "None of the products that are addressed by this software update are installed on this computer. Click Cancel to exit setup."

From the windowsupdate log:
2010-03-18 08:45:23:698 964 13dc Agent ** START ** Agent: Installing updates [CallerId = CcmExec]
2010-03-18 08:45:23:698 964 13dc Agent *********
2010-03-18 08:45:23:698 964 13dc Agent * Updates to install = 1
2010-03-18 08:45:23:698 964 13dc Agent * Title = Microsoft .NET Framework 2.0 Service Pack 2 Sikkerhedsopdatering til Windows Server 2003 og Windows XP til x64-baserede systemer (KB974417) 2010-03-18 08:45:23:698 964 13dc Agent * UpdateId = {F1671988-220B-4E98-B552-30603A782D1A}.104 2010-03-18 08:45:23:698 964 13dc Agent * Bundles 1 updates:
2010-03-18 08:45:23:698 964 13dc Agent * {E31C90E5-7BC9-4166-9840-1753A937DD06}.104
2010-03-18 08:45:24:183 964 13dc EEHndlr WARNING: Failed to populate ServiceStartup entries in Cache: error 0x80070002

In order to resolve the issue, please follow the steps indicated below:
• Uninstall  kb 976569 and kb 976570 from  the Add/remove programs
• Install kb 974417
• Reinstall kb 976569 and kb 976570.  The kb 974417 will no longer show in the Add/remove programs. Even Windows Update will stop offering the kb 974417.