avidemux2_qt4 crashed with SIGABRT in twolame_malloc() in Ubuntu Precise Beta 2

I have recently upgraded my Ubuntu 11.10 to Ubuntu 12.04 ( Precise Pangolin) Beta 2. Its a fully updated system. I just tried to save a video into Video CD format. I selected the save location and entered a name for the new file and clicked save and it crashed.

Output of lsb_release -rd :
Description: Ubuntu precise (development branch)
Release: 12.04

Output of apt-cache policy avidemux-qt :
avidemux-qt:
  Installed: 1:2.5.4-0ubuntu11
  Candidate: 1:2.5.4-0ubuntu11
  Version table:
 *** 1:2.5.4-0ubuntu11 0
        500 http://archive.ubuntu.com/ubuntu/ precise/multiverse amd64 Packages
        100 /var/lib/dpkg/status

ProblemType: Crash
DistroRelease: Ubuntu 12.04
Package: avidemux-qt 1:2.5.4-0ubuntu11
ProcVersionSignature: Ubuntu 3.2.0-23.36-generic 3.2.14
Uname: Linux 3.2.0-23-generic x86_64
NonfreeKernelModules: wl
ApportVersion: 2.0.1-0ubuntu2
Architecture: amd64
Date: Sun Apr 15 01:21:15 2012
ExecutablePath: /usr/bin/avidemux2_qt4
InstallationMedia: Ubuntu 11.10 "Oneiric Ocelot" - Release amd64 (20111012)
ProcCmdline: avidemux2_qt4
Signal: 6
SourcePackage: avidemux
StacktraceTop:
 ?? () from /lib/x86_64-linux-gnu/libc.so.6
 twolame_malloc () from /usr/lib/ADM_plugins/audioEncoders//libADM_ae_twolame.so
 psycho_3 () from /usr/lib/ADM_plugins/audioEncoders//libADM_ae_twolame.so
 ?? () from /usr/lib/ADM_plugins/audioEncoders//libADM_ae_twolame.so
 twolame_encode_buffer_interleaved () from /usr/lib/ADM_plugins/audioEncoders//libADM_ae_twolame.so
Title: avidemux2_qt4 crashed with SIGABRT in twolame_malloc()
UpgradeStatus: No upgrade log present (probably fresh install)
UserGroups: adm cdrom dialout lpadmin plugdev sambashare
XsessionErrors:
 (nm-applet:1803): GdkPixbuf-CRITICAL **: gdk_pixbuf_scale_simple: assertion `dest_width > 0' failed
 (compiz:1790): GConf-CRITICAL **: gconf_client_add_dir: assertion `gconf_valid_key (dirname, NULL)' failed
 (nautilus:1801): Nautilus-GDU-WARNING **: unable to query info: The specified location is not supported
 (nautilus:1801): Nautilus-GDU-WARNING **: unable to query info: The specified location is not supported
 (nautilus:1801): Nautilus-GDU-WARNING **: unable to query info: The specified location is not supported