[Bug 32554] New: XPSEP instalation fails with "Path not found" error

http://bugs.winehq.org/show_bug.cgi?id=32554

Bug #: 32554
           Summary: XPSEP instalation fails with "Path not found" error
           Product: Wine
           Version: unspecified
          Platform: x86
        OS/Version: Linux
            Status: UNCONFIRMED
          Severity: normal
          Priority: P2
         Component: -unknown
        AssignedTo: [e-mail]
        ReportedBy: [e-mail]
    Classification: Unclassified

Created attachment 42963
  --> http://bugs.winehq.org/attachment.cgi?id=42963
Backtrace shown in error window

I got an error while trying to install .net framework 3.0 SP1 using winetricks
(winetricks dotnet30sp1).

I tried installing it by hand also (wine msiexec /i "XPSEP XP and Server 2003
32 bit.msi" /qb), but got the same error.

Terminal output shows (among lots of fixmes) the following lines:

err:eventlog:ReportEventW L"Windows"
err:eventlog:ReportEventW L""
err:eventlog:ReportEventW L"Path not found.\r\n"

And After debug information, the following lines:

err:msi:ITERATE_Actions Execution halted, action L"EPUpdateInstallAction"
returned 1627
err:msi:custom_get_thread_return Invalid Return Code 3

Information:
Ubuntu Quantal running on a VirtualBox (I have the same problems running on
physical hardware)

$ uname -a
Linux unimed-box 3.5.0-17-generic #28-Ubuntu SMP Tue Oct 9 19:32:08 UTC 2012
i686 i686 i686 GNU/Linux

$ wine --version
wine-1.5.19

Backtrace attached