The log goes like this:
OS Version = 6.1.7600, Platform 2
OS Description = Windows 7 - x86
OS Description = Windows 7 - x86
CommandLine = D:\3d9cba26b3eee87e8904dd426607\\Setup.exe /x86 /x64
Using Simultaneous Download and Install mechanism
Operation: Installing
Package Name = Microsoft .NET Framework 4 Setup
Package Version = 4.0.30319
Package Version = 4.0.30319
User Experience Data Collection Policy: Disabled
Number of applicable items: 10
Exe (D:\3d9cba26b3eee87e8904dd426607\SetupUtility.exe) succeeded.
Exe Log File: dd_SetupUtility.txt
Exe Log File: dd_SetupUtility.txt
ServiceControl operation succeeded!
Exe (D:\3d9cba26b3eee87e8904dd426607\Windows6.1-KB958488-v6001-x86.msu) failed with 0x80240016 - (null).
Exe (D:\3d9cba26b3eee87e8904dd426607\SetupUtility.exe) succeeded.
Exe Log File: dd_SetupUtility.txt
Exe Log File: dd_SetupUtility.txt
Exe (D:\3d9cba26b3eee87e8904dd426607\Windows6.1-KB958488-v6001-x86.msu) failed with 0x80240016 - (null).
Exe (D:\3d9cba26b3eee87e8904dd426607\SetupUtility.exe) succeeded.
Exe Log File: dd_SetupUtility.txt
Exe Log File: dd_SetupUtility.txt
Exe (D:\3d9cba26b3eee87e8904dd426607\Windows6.1-KB958488-v6001-x86.msu) failed with 0x80240016 - (null).
Exe (D:\3d9cba26b3eee87e8904dd426607\SetupUtility.exe) succeeded.
Exe Log File: dd_SetupUtility.txt
Exe Log File: dd_SetupUtility.txt
Exe (D:\3d9cba26b3eee87e8904dd426607\Windows6.1-KB958488-v6001-x86.msu) failed with 0x80240016 - (null).
I have googled but it seemed like nobody was having the same problem.