HT1338 Installing 10.8.2 Update corrupted my Excel program.  Anyone have similar problem?

Installing 10.8.2 Update corrupted my Excel program.  Anyone have similar problem?
Complete Error Message Follows.
Process:         Microsoft Excel [3316]
Path:            /Applications/Microsoft Office 2011/*/Microsoft Excel.app/Contents/MacOS/Microsoft Excel
Identifier:      com.microsoft.Excel
Version:         14.2.5 (14.2.5)
Build Info:      Unknown-121010~0
Code Type:       X86 (Native)
Parent Process:  launchd [152]
User ID:         501
Date/Time:       2013-01-29 15:44:54.676 -0800
OS Version:      Mac OS X 10.8.2 (12C60)
Report Version:  10
Interval Since Last Report:          1802250 sec
Crashes Since Last Report:           18
Per-App Interval Since Last Report:  4372580 sec
Per-App Crashes Since Last Report:   18
Anonymous UUID:                      0CB2796E-AC9E-3E7C-BC38-005399B53EDB
Crashed Thread:  0
Exception Type:  EXC_BREAKPOINT (SIGTRAP)
Exception Codes: 0x0000000000000002, 0x0000000000000000
Application Specific Information:
dyld: launch, loading dependent libraries
Dyld Error Message:
  Library not loaded: @rpath/mbukernel.framework/Versions/14/mbukernel
  Referenced from: /Applications/Microsoft Office 2011/*/Microsoft Excel.app/Contents/MacOS/Microsoft Excel
  Reason: image not found
Binary Images:
   0x37000 -  0x16c7fe7 +com.microsoft.Excel (14.2.5 - 14.2.5) <ACC98FB6-86C3-DE9A-62A1-11A1DD131ACE> /Applications/Microsoft Office 2011/*/Microsoft Excel.app/Contents/MacOS/Microsoft Excel
0x8fe36000 - 0x8fe68e57  dyld (210.2.3) <23DBDBB1-1D21-342C-AC2A-0E55F27E6A1F> /usr/lib/dyld
Model: MacBookPro3,1, BootROM MBP31.0070.B07, 2 processors, Intel Core 2 Duo, 2.2 GHz, 2 GB, SMC 1.16f11
Graphics: NVIDIA GeForce 8600M GT, GeForce 8600M GT, PCIe, 128 MB
Memory Module: BANK 0/DIMM0, 1 GB, DDR2 SDRAM, 667 MHz, 0xCE00000000000000, 0x4D342037305432393533455A332D43453620
Memory Module: BANK 1/DIMM1, 1 GB, DDR2 SDRAM, 667 MHz, 0xCE00000000000000, 0x4D342037305432393533455A332D43453620
AirPort: spairport_wireless_card_type_airport_extreme (0x168C, 0x87), Atheros 5416: 4.0.70.23-P2P
Bluetooth: Version 4.0.9f33 10885, 2 service, 18 devices, 1 incoming serial ports
Network Service: AirPort, AirPort, en1
PCI Card: pci168c,24, sppci_othernetwork, PCI Slot 5
Serial ATA Device: TOSHIBA MK2035GSS, 200.05 GB
Parallel ATA Device: HL-DT-ST DVDRW  GSA-S10N
USB Device: Built-in iSight, apple_vendor_id, 0x8502, 0xfd400000 / 2
USB Device: Bluetooth USB Host Controller, apple_vendor_id, 0x8205, 0x1a100000 / 2
USB Device: IR Receiver, apple_vendor_id, 0x8242, 0x5d100000 / 3
USB Device: Apple Internal Keyboard / Trackpad, apple_vendor_id, 0x021a, 0x5d200000 / 2

There is a service pack 3 at version 14.3.0
I don't know if excel 14.2.5 is part of that or needs updating.

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