KB974417 will not install

I have KB974417 prompting for install via AU, but fails to install.
If I download and run the installer manually, I get the error "None of the products that are addressed by this software update are installed on this computer. Click Cancel to exit setup."

Edit: Updates are delivered via WSUS to this machine.
I know I have .NET v2 SP2, v3 SP2 and v3.5 SP1 installed.
Stuart OramIT Technical Lead (Project Sites)Asked:
Who is Participating?
I wear a lot of hats...

"The solutions and answers provided on Experts Exchange have been extremely helpful to me over the last few years. I wear a lot of hats - Developer, Database Administrator, Help Desk, etc., so I know a lot of things but not a lot about one thing. Experts Exchange gives me answers from people who do know a lot about one thing, in a easy to use platform." -Todd S.

KB974417 install fails – working solution!

Experts Exchange Solution brought to you by

Your issues matter to us.

Facing a tech roadblock? Get the help and guidance you need from experienced professionals who care. Ask your question anytime, anywhere, with no hassle.

Start your 7-day free trial
Or perhaps you did install KB974417 in the manner described in that last link?

You also presumably need .net framework 1.1 installed.
If still unresolved you could scroll towards the end of the comments in this forum to find a rather long, but apparatly successful resolution, by RBinnie>

KB 953297 and KB974417 Fails to Update Through Windows Update:
Stuart OramIT Technical Lead (Project Sites)Author Commented:
This worked, thanks
Good!   Thank you.
It's more than this solution.Get answers and train to solve all your tech problems - anytime, anywhere.Try it for free Edge Out The Competitionfor your dream job with proven skills and certifications.Get started today Stand Outas the employee with proven skills.Start learning today for free Move Your Career Forwardwith certification training in the latest technologies.Start your trial today
.NET Programming

From novice to tech pro — start learning today.