I have the same on 10.04 LTS 64 bit:
The following information may help to resolve the situation:
The following packages have unmet dependencies:
usplash: Depends: initramfs-tools (>= 0.92bubuntu55) but it is not going to
be installed
Depends: upstart (>= 0.6.3-4) but it is not going to be installed
E: Broken packages
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usplash won't install on ubuntu 10.04 amd64
https://bugs.launchpad.net/bugs/587429
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