Error on install

I am unable to install CDR X5. This is what I get.

Error Code:    -5001 : 0x80070002
Error Information:
>SetupNew\setup.cpp (142)
PAPP:
PVENDOR:
PGUID:
$
@Windows XP Service Pack 2 (2600)
IE Version: 8.0.7601.17514

I have downloaded all available Windows updates. Help?

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