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SharePoint problem with Excel patch KB3055034

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We are having an issue with a patch that was released on October 13 for Excel (KB3055034).  Ever since this patch was applied to our desktops, Excel crashes when attempting to open spreadsheets on SharePoint.  Excel also crashes when attempting to select a list and then choose Export to Excel.  The error generated in the Application log is as follows:

Faulting application name: EXCEL.EXE, version: 14.0.7160.5000, time stamp: 0x55fc2723

Faulting module name: mso.dll, version: 14.0.7159.5000, time stamp: 0x55ea7be6

Exception code: 0xc0000005

Fault offset: 0x0000000000188864

Faulting process id: 0x1f60

Faulting application start time: 0x01d10b675fe2ad7a

Faulting application path: C:\Program Files\Microsoft Office\Office14\EXCEL.EXE

Faulting module path: C:\Program Files\Common Files\Microsoft Shared\office14\mso.dll

Does anyone know if Microsoft is working on resolving this issue. Also, does anyone have a workaround other than removing the patch?

Thanks,

Barbara


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