Can any one knows this "initialize with error 0x80040206 from component Event subsystem"

2006-06-19 10:44:04 1288 510 Service FATAL: Failed to initialize WU
client: 0x80040206
2006-06-19 10:44:04 1288 510 Service *********
2006-06-19 10:44:04 1288 510 Service ** END ** Service: Service exit
[Exit code = 0x80040206]
2006-06-19 10:44:04 1288 510 Service *************
2006-06-19 10:44:36 1032 508 Misc =========== Logging initialized
(build: 5.8.0.2469, tz: +0530) ===========
2006-06-19 10:44:36 1032 508 Misc = Process:
C:\WINNT\system32\svchost.exe
2006-06-19 10:44:36 1032 508 Misc = Module:
C:\WINNT\system32\wuaueng.dll
2006-06-19 10:44:36 1032 508 Service *************
2006-06-19 10:44:36 1032 508 Service ** START ** Service: Service
startup
2006-06-19 10:44:36 1032 508 Service *********
2006-06-19 10:44:36 1032 508 Agent * WU client version 5.8.0.2469
2006-06-19 10:44:36 1032 508 Agent * SusClientId =
'cc95317b-65b9-49ed-a187-b8c522a9ab9b'
2006-06-19 10:44:36 1032 508 Agent * Base directory:
C:\WINNT\SoftwareDistribution
2006-06-19 10:44:36 1032 508 Agent * Access type: No proxy
2006-06-19 10:44:37 1032 508 Agent * FATAL: Failed to initialize with
error 0x80040206 from component Event subsystem
2006-06-19 10:44:37 1032 508 Service FATAL: Failed to initialize WU
client: 0x80040206
2006-06-19 10:44:37 1032 508 Service *********
2006-06-19 10:44:37 1032 508 Service ** END ** Service: Service exit
[Exit code = 0x80040206]
2006-06-19 10:44:37 1032 508 Service *************