Winamp exe Application Error Occurred

Hi,
I just got this application error message which shows the memory issue. I visited the Microsoft update website and tried to fix it but the following error displayed. I have got many different posts related to this error from forums but could not get any proper resolution. How can I fix this error message? Thanks for any assistance.

The instruction at “0x77fcae26” referenced memory at “0x042444f4”. The memory could not be “written”.
Click on OK to terminate the program
Click on CANCEL to debug the program
