Thank you for reporting this bug. Can you please provide a copy of your sources.list. You can just run "cat /etc/apt/sources.list" either save it to a text file and attach it <, perfered way or you can paste the output in a bug comment.
** Changed in: update-manager (Ubuntu)
Status: Unconfirmed => Needs Info
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Edgy update fails
https://launchpad.net/bugs/63841
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