Need I say more.....?
Microsoft has posted new update packages, labeled Version 2, for Microsoft Office PowerPoint 2003 Service Pack 2 and Microsoft Office PowerPoint 2003 Service Pack 3" described in MS08-051, Vulnerabilities in Microsoft PowerPoint Could Allow Remote Code Execution (949785)
"Customers who manually installed Version 1 of this update from Microsoft Download Center need to reinstall Version 2 of this update.
Customers who have installed this update using Microsoft Update or Office Update do not need to reinstall".
Others should check with their patch management vendors.
The original patch "contained incorrect versions of the binaries. While these versions did protect against the vulnerabilities discussed in the bulletin, they lacked other important security and reliability updates".