SLES 11 Kernel crash after updates to 3.0.58-0.6.2 zLinux

After running SLES online updates and rebooting after Kernel upgrade, I get kernel panic and boot stops.
[/code]
Freeing unused kernel memory: 264k freed
/bin/bash: error while loading shared libraries: libreadline.so.5: cannot open s
hared object file: No such file or directory
Kernel panic - not syncing: Attempted to kill init!
CPU: 0 Not tainted 3.0.58-0.6.2-default #1
Process init (pid: 1, task: 000000017cf98038, ksp: 000000017cf9f8d0)
0000000000000000 000000017cf9fc40 0000000000000002 0000000000000000
000000017cf9fce0 000000017cf9fc58 000000017cf9fc58 00000000004e3fd2
00000000007ae1f0 000000017cf9fde8 0000000000150fe0 0000000000000000
000000010000000d 0000000000000000 000000017cf9fca8 000000000000000e
00000000004f4a70 0000000000100a82 000000017cf9fc40 000000017cf9fc88
Call Trace:
(Ý<0000000000100992>¨ show_trace+0xe6/0x134)
Ý<00000000004e3dea>¨ panic+0xa6/0x23c
Ý<0000000000150fe0>¨ forget_original_parent+0x3b0/0x3b8
Ý<0000000000151012>¨ exit_notify+0x2a/0x17c
Ý<00000000001513b8>¨ do_exit+0x254/0x440
Ý<0000000000151604>¨ do_group_exit+0x60/0xec
Ý<00000000001516c2>¨ SyS_exit_group+0x32/0x40
Ý<00000000004e7d88>¨ sysc_noemu+0x16/0x1c
Ý<000003fffd1608c8>¨ 0x3fffd1608c8
00: HCPGIR450W CP entered; disabled wait PSW 00020001 80000000 00000000 00111BEC

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Anyone else seen this before I reinstall this vm guest?

aafa,

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