Thanks for your report.
If it's still an issue remove the file /var/lib/apt/lists
/security.ubuntu.com_ubuntu_dists_jaunty-security_restricted_binary-i386_Packages
then run
sudo apt-get clean
sudo apt-get update
If it's solved the please set the status of this report to invalid.
Thanks in
** Changed in: update-manager (Ubuntu)
Status: Incomplete = Invalid
--
An unresolvable problem occurred while initializing the package information.
https://bugs.launchpad.net/bugs/408231
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