Solution : https://service.sap.com/sap/support/notes/113669 (SAP Service marketplace login required)
Key words :
/general/frontend/patches/rel45b/windows/win32the patch, tools -> macro -> visual basic editor, extracting archive whichare involved, run-timer error '438' object, additional key words winword, reg registry key file, checking winword installation wswinlog, ms-wordlink related templates, invalid channel number 5, printing applicant letters
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