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SQL Server 2008 SP2 failing becasue of issue "Setup account privileges" which says that I do not have the necessary Windows permissions.

Last Modified: 2012-08-14
When I try and install SP2 it never gets past the initial checks as the "Setup account privileges" check fails. Its says that

"The account that is running SQL Server Setup does not have one or both of the following rights: the right to back up files and directories, and the right to manage auditing and the security log."

I am logged on as a local administrator and therefore I cannot understand why I do not have the necessary permissions.


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