OK that is a dotnet update, a high percentage of these fail

This could be a .Net problem, so we will need to uninstall and then re-install .Net framework

This could be a .Net problem, so we will need to uninstall and then re-install .Net framework

Download Dontetfx cleanup tool. zip to your desktop
Unzip the tool
Run the exe file
Click throught the EULA popups
Select All Version

https://dl.dropbox.com/u/73555776/dotnetfx.JPG

Once done reboot the computer
Download then run the Net 4.0 installer from here
Then install
Reboot and try Updates and Office again please