Installing Visual Studio 2012 Ultimate on Windows 8

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While trying to install the visual studio 2012 ultimate trial on Windows 8 Release Preview I got the following error message

The .Net Framework installed on this machine does not meet the minimum required version: 4.5.50709.

So I tried installing the required .net framework version, but that gave me the following error

Microsoft .NET Framework 4.5 is already a part of this operating system. You do not need to install the .NET Framework 4.5 redistributable.

I am running the windows 8 release preview on a 32-bit Intel Core2Duo system, with Visual Studio Express already installed.

Can somebody please help if you have any guesses at all. This "chasing-your-tail" problem is frustrating.

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