Problem description: 

A simple bulleted list with 3 multi-line text items is animated (display each item on key pressed). Works fine under 3.6.2.2, messed up under 4.0.0.3)


Steps to reproduce:
1. load the attached example (modified in 3.6.2.2) under 4.0.0.3 and start slide show

Current behavior:
Messed up animation (see screenshots anim_4.0.0.3_*.png)

Expected behavior:
Animation as in 3.6.2.2 (see screenshots anim_3.6.2.2_*.png)

Note: this might have been reported elsewhere, but I can't be sure, and since this a serious defect, I decided to file it nonetheless. 

Operating System: Windows XP
Version: 4.0.0.3 release