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I noticed this error once on a Windows 7 x64 operating system with an Office 2007 x32 installed. I have searched the internet for a solution, but nothing solved by problem. And finally I found an article on this link.http://support.microsoft.com/kb/255707.

The solution was not provided directly, but it gives the idea it has something to do with OLE DB drivers. Installing Microsoft Access Database Engine 2010 Redistributable solved my issue. So, if you will see this error, you can try my solution. Please drop me a note if your issue is not solved.