I have a fix for this bug, thanks to Michael Biebl from Debian. The fix is already in feisty, and we're thinking of a SRU for edgy. I'm closing this bug.
** Changed in: kdeutils (Ubuntu) Status: Unconfirmed => Fix Released -- kwalletmanager icon not in system tray, unstartable from menu https://launchpad.net/bugs/68997 -- kubuntu-bugs mailing list kubuntu-bugs@lists.ubuntu.com https://lists.ubuntu.com/mailman/listinfo/kubuntu-bugs